Lease Extensions in Benllech

Frequently asked questions relating to Benllech Lease Extensions

My name´s Michael. I’m house hunting in Benllech I'm seeing a garden flat online, with circa 68 years outstanding, how much does it cost on average to extend in this area by, say, 45 years?

Hello, I am looking somewhere around or in Benllech 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?

We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Benllech and are therefore considering the option of a vesting order. Is this something you can help us with?

Are you able to advise on how much it would charges and the optimum way to get a lease extension started? I have just under seventy two years left and I own a one bed flat in Benllech.

My leasehold flat in Benllech is up for sale and I have a hopefully firm offer. There is 79 years remaining on the lease and I want to extend the lease. How much does it cost on average to extend in this area by, say,25 years

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

If a leaseholder 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?

I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my one bedroom first floor purpose built flat in Benllech

My fiance and I are in the throws of buying a home (a one bedroom apartment based inBenllech with share of freehold). Throughout our search, we were always looking at flats that had at least 84 years remaining. We identified a place we fell in love with and the selling agent assured that the lease term was not an issue. This morning our advised us the lease only has 64 years and therefore requires a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

I am planning on refinancing my one bed flat in Benllech and the bank that I am looking to switch to requires a minimum 85 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around 75 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process

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