Caerwys Lease Extensions: Q and A’s

  • I’m about to offer on a ground floor flat to purchase in the Caerwys area and was wondering how much would it cost for a lease extension? It has 60 years left...
  • I am going to purchase a flat located in Caerwys. The offer is conditional upon a lease extension. The current owner’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
  • My neighbours and I are in a block consisting of four flats in Caerwys and have been offered to buy the freehold for £6000 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 invested in buying a garden flat in Caerwys. I am looking to extend lease on the property. It is around eighty years. I would just like to know what your charges are and how long it would take for completion.
  • I am considering whether to purchase the freehold or a lease extension of my property in Caerwys and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with Coventry Building Society to free up equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease commenced in 1979 and since then the ground rent has been raised from £38.00 per annum to £125 per annum.
  • My apartment in Caerwys is up for sale and I have a hopefully firm offer. There is 79 years to run on the lease and I want to extend the lease. How much will it likely cost to get a lease extension by, say,35 years
  • My son has a share of freehold, with two other leaseholders in a building in Caerwys. House divided into three apartments. He has a lease, which has around sixety nine years left. 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'm hoping for some assistance with regard to extending the lease on my apartment. The intention is to do this in six months time as we need to 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 LVT route. Can you recommend a good with expertise in lease extensions. Ideally based in Caerwys?
  • I have sixety three years remaining on my lease of a ground floor flat in Caerwys, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bed flat in Caerwys
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