Questions and Answers: Bethesda Lease Extensions

  • 35k agreed with the landlord’s agents, just seeking to find a Bethesda conveyancers for a lease extension. Our flat has approximately 77 yearsoutstanding. How long will this take ?
  • I’m just looking for a garden flat to buy in the Bethesda area and was after more information on what the likely fees would be to extend a lease? It has fivety seven years residual lease term...
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 899 years unexpired so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any information would be much appreciated.
  • I have my suspicions that my daughter is being hoodwinked. She put in an offer on a maisonette in Bethesda, where the lease is nearon 58 years but she was informed by the selling agents that the homeowner had extended it to 99 years. She has now been advised the homeowner was holding off for her to retain solicitors ahead of instigating the lease extension. Sounds unscrupulous, also it may take time to sort it all out. Am I reading too much into it?
  • My wife and I have been in discussion with our freeholder after having a valuation on our garden flat in Bethesda. We have a seventy six year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a solicitors to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost excluding value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my studio flat in Bethesda
  • I'm intent on acquiring an apartment in Bethesda valued at £210,000 the flat has approaching 65 years unexpired on the lease. I put in an offer subject to the lease being extended... .. that was back in September, expecting I'd have moved in by now. The owner has just informed me that they are prepared to knock £5k off if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • I'm seeking some assistance concerning a lease extension on my apartment. The intention is to do this in six months time as we must move 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. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • We know that others in the same building had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • Do you handle lease extensions on land? (a plot of land in Bethesda with 82yrs remaining)
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    Lease Extensions in Bethesda

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