Top Ten Questions relating to Barmouth Lease Extensions

  • I’m looking for lease extension for our apartment in Barmouth and we are confused by the letter that we received from our landlord company. What's your legal fee?
  • I have shares in the freehold of buildings comprising of seven flats each. Two of the leaseholders want to extend their leases and I'm enquiring about the the process
  • I bought a two bedroom second floor purpose built flat in Barmouth with a leasehold unexpired of 69 years. I am wondering about what I will need to spend to extend my lease
  • I own a maisonnette and the freehold title. My downstairs neighbours have asked to extend the lease what do I need to do?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Barmouth and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Lloyds TSB Bank to release of equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1981 and since then the ground rent has been raised from £15.00 per annum to £300 per annum.
  • My husband and I are considering buying a ground floor flat in Barmouth which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to purchase in Barmouth. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • My and my husband know that others in the same building previously had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest such a course of action?
  • Do you handle lease extensions on land? (a plot of land in Barmouth with 82yrs remaining)

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Barmouth