Sample questions relating to Borth Y Gest Lease Extensions

  • We agreed with the freeholder for a lease extension on our flat in Borth Y Gest, 16.5k for another 90yrs. How long is the process ?
  • I’ve just purchased a one bedroom first floor purpose built flat located inBorth Y Gest and I'm thinking about a lease extension as soon as possible e.g. after 24 months of ownership
  • I bought a property in Borth Y Gest and it has about sixety three years unexpired. I'd like to extend the lease period
  • The terms for the lease on my apartment in Borth Y Gest are 99 years from 1 Jan 1980. Please supply me me a quote to extend the lease if I give you more information please?
  • I am considering purchasing an auction property and identified a studio flat in Borth Y Gest. It has just 50 year lease..the vendor as mortgagees in possession dont want to mess around with applying for a lease extension..what are the drawbacks of this except for the expensive fee to extend the lease and reduced chance of getting a mortgage with Skipton Building Society?
  • My husband and I have a first floor flat in Borth Y Gest with seventy six years to run. Last year we were quoted a deal to receive a lease extension for another thirty years but also uplift the ground rent from notional to £200 per annum..plus a premium I think of about 10k. Finally we have decided to move forward but do we now have to renegotiate?
  • Coming up to 2 years that I have been in my garden flat in Borth Y Gest. I have fivety five yrs remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Borth Y Gest based or any will do fine?
  • I'm hoping for some assistance with regard to a lease extension on my flat. 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 extend it now or wait until I sell my place and have it all tied in with the property sale?
  • We currently own a garden flat in Borth Y Gest 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 seventy one years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I have a lease of fivety five years remaining on my flat in Borth Y Gest. 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?

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