Cemaes Bay Lease Extensions: Q and A’s

  • I am looking for a lease extension on the lease on my ground floor flat in Cemaes Bay which will have 61 years unexpired lease in November. What fees do you charge for this?
  • We are selling our maisonette in Cemaes Bay but we may require a lease extension, or possibly cover the expense of our purchaser. Can you recommend a property lawyers to handle this?
  • My neighbours and I are in a building comprising three flats in Cemaes Bay and have been offered to buy the freehold for 5k 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?
  • My fiance and I are considering buying a ground floor flat in Cemaes Bay which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • We wish to extend our lease. We will have been in the apartment for 2 years as of 21st Jan 2015. It has approximately 58 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • I intend to buy a one bed flat in Cemaes Bay for asking price of 156k, which has 61 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am seeking advice as I am interested in a property that has only a seventy five year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • My solicitors (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?
  • I'm living at mum and dad but have a maisonette in Cemaes Bay let out which has a 72 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Cemaes Bay for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • I have sixety years remaining on my lease of a ground floor flat in Cemaes Bay, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Cemaes Bay

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