Bodelwyddan Lease Extension - Your Legal Fees Calculator
Questions and Answers: Bodelwyddan Lease Extensions
My wife has a flat in Bodelwyddan which we have just put on the market. The leasehold has around 68 years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Bodelwyddan - I wanted to see if with your services this could be extended?
My co-lessees and I are in a block containing four flats in Bodelwyddan and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I am thinking about acquiring an auction property and found a studio flat in Bodelwyddan. It only has a 50 year lease..the current owner as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the huge fee to extend the lease and reduced chance of getting a mortgage with National Westminster Bank?
I do not need a lease extension but I do need a vesting order on a property I want to purchase in Bodelwyddan. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the rear garden.
If a leaseholder owns a flat with a lease of less than 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'm intent on purchasing an apartment in Bodelwyddan at a price of £195,000 the flat has just under 58 years remaining on the lease. I put in an offer conditional upon the lease being extended... .. that was back in September, expecting I'd have moved in before Christmas. They have just informed me that they are prepared to reduce the price by£2k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
We know that others in the same building previously had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?
I am currently in the process of remortgaging my garden flat in Bodelwyddan and the new lender 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 discovered that I currently have around sixety four years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
We have a 2 bed flat in Bodelwyddan with a lease of seventy eight years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?