Frequently asked questions relating to Blaenau Ffestiniog Lease Extensions

  • I have just completed on a maisonette inBlaenau Ffestiniog and I'm thinking about a lease extension as soon as I can e.g. in two years
  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has seventy two years balance left
  • I need to talk to you about a flat in Blaenau Ffestiniog, I am thinking of bidding at auction next month. The flat only has a few years remaining and I was wondering about how much it would cost to get a lease extension and for your services.
  • I am looking to either purchase the freehold or a lease extension of my property in Blaenau Ffestiniog and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Barclays Direct to release of equity. The adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease started in 1981 and since then the ground rent has been raised from £15.00 per year to £200 per annum.
  • I am a FTB of a leasehold flat in Blaenau Ffestiniog. The lease has just 79 years residual lease term and ground rent is £95. Is it possible for the owner to serve the Initial Notice and then assign this right to me as the purchaser on the day of completion so that I don't have to wait 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 vendor? To add to the complexity the freeholder can not be found, so I am not sure how this will play out.
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety five years. I need a at my end. Can you advise please? I live near Blaenau Ffestiniog and have a mortgage with TSB.
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to buy in Blaenau Ffestiniog. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the garden area.
  • Me and my husband are buying a one bedroom apartment in Blaenau Ffestiniog which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we must be patient until the new lease is registered?
  • My wife and I are aware that others in the same building had already had a lease extension, and the freeholder seemed reasonable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Blaenau Ffestiniog

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