Frequently asked questions relating to Cemaes Bay Lease Extensions

  • We agreed with the head landlord to a lease extension on our flat located in Cemaes Bay, 9k for a further 90yrs. How long is the process ?
  • I'm wanting to make an offer on a house in Cemaes Bay but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Platform Home Loans Ltd giving us the mortgage now?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 78 years outstanding.
  • I'm considering purchasing a garden flat (leasehold) but the landlord has been missing for around 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to get a lease extension and apply for right to manage?
  • Think I may have made an error, I am searching for a in Cemaes Bay who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
  • Me and my fiance are proceeding with buying a one bedroom apartment in Cemaes Bay. I was informed that the lease had been lengthened (seventy five years unexpired lease prior to extension). The sales particulars said "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The current owner apparently has a quote but no money to extend and consequently the flat owner intends to exchange and use the deposit monies for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • My partner and I have owned a leasehold flat for approximately fifteen years. There are 69 years left on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
  • I am looking to extend the lease on my garden flat in Cemaes Bay I am looking for help to verify the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a property in Cemaes Bay and a leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has increased this to £10,000 without too much effort. My valuer has recommended a much higher premium. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Cemaes Bay