Frequently asked questions relating to Beddgelert Lease Extensions

  • I inherited a property in Beddgelert and it has roughly 74 years unexpired. I'd like to arrange a lease extension by twenty years
  • I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Beddgelert - I wanted to see if with your services it is possible for this to be extended?
  • I want to buy a leasehold property and extend the lease. The seller has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am about to view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has sixety five years unexpired on the lease. It is also a repo so I'm assuming that the vendor will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am a FTB of a leasehold flat in Beddgelert. The lease has just seventy two years left and ground rent is £25. Is it possible for the owner to serve the Section 42 Notice and then assign over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the owner? Unfortunately the landlord can not be found, so I am not sure how does it work.
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 60 years. I need a at my end. Can you advise please? I live near Beddgelert and have a mortgage with Bank of Scotland.
  • If somebody owns a flat with a lease of under 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?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Beddgelert
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in Beddgelert
  • I'm looking for some advice with regard to a lease extension on my garden flat in Beddgelert. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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