Examples of recent questions relating to Lease Extensions in Bethesda

  • I’m just looking for a studio flat to purchase in the Bethesda area and was enquiring how much would it cost for a lease extension? It has fivety nine years outstanding...
  • I have contacted my freeholder for a lease extension for my flat in Bethesda. His has been in contact concerning costs etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started June 1984.
  • I invested in buying a garden flat in Bethesda. The start date for the lease was in 1998 for 99 years. Now I am looking to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am a FTB of a leasehold flat in Bethesda. The lease has only 57 years residual lease term and ground rent is £25. Is it possible for the flat owner to serve the Initial Notice and then transfer this right to me as the purchaser once I complete the buying process so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the seller? Unfortunately the landlord can not be found, so I am not sure how does it work.
  • I am a freeholder of a block of flats in Bethesda, and the tenants are in the process of being granted lease extensions. I anticipate receiving the money within a month or so. As I am not on self assessment do I write to the Inland Revenue ?
  • My wife and I have a residential flat in Bethesda with 57 years to run. Last year we were quoted a deal to receive a lease extension for a further fifty years but also increase ground rent from notional to £250 per annum..plus a premium I think of about 16k. Finally we have decided to move forward but do we now have to renegotiate?
  • My leasehold flat in Bethesda 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. What does it cost on average to get a lease extension by, say,thirty years
  • My partner and I are considering buying a maisonette in Bethesda which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I am currently negotiating a lease extension for my flat in Bethesda as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I have a lease of sixety two years remaining on my flat in Bethesda. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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