Betws Y Coed Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Betws Y Coed
Me and my wife have just purchased a one bedroom apartment inBetws Y Coed and I'm deliberating a lease extension as soon as I can e.g. after two years
We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 798 years outstanding so a lease extension is not an issue. 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 twenty years without the house being ours. Any suggestions would be much appreciated.
Hello. I need a conveyancing practitioners to review my lease extension before it's formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small variations.
I will soon view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 69 years residual lease term on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
My dad has a share of freehold, with two other leaseholders in a building in Betws Y Coed. House split into three flats. He has a lease, which has around 57 years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
I am the freeholder of a Georgian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 76 years. What are my next steps?
I'm living with my parents but have a maisonette in Betws Y Coed let out which has a sixety one year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Betws Y Coed for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
My wife and I are worried about getting a lease extension from tricky freeholder. Regardless of the fact that the legal procedures were followed under the 1993 Act, the landlord still attempted to charge ground rent of £300 increasing by 100% every twenty years of the new term. Can you help?
We currently own a one bedroom apartment in Betws Y Coed and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 73 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
We have a one bedroom apartment in Betws Y Coed with a lease of seventy years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?