Colwyn Bay Lease Extension - Your Legal Fees Calculator
Colwyn Bay Lease Extensions: Q and A’s
We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 798 years outstanding so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any guidance would be much appreciated.
The terms for the lease on my apartment in Colwyn Bay are 101 years from 15 Dec 1989. Can you provide me a quote to extend the lease if I give you more details please?
Last year I purchased a leasehold flat in Colwyn Bay. I have built a large extension and have not informed my freeholder. What are my options?
I am a freeholder of a block of flats in Colwyn Bay, and the leaseholders are in the process of being given lease extensions. I anticipate receiving the money within a month or so. As I am not on self assessment do I contact the Inland Revenue ?
Ref a property in Colwyn Bay. lower maisonette. 59 yrs remaining. I have an agreed lease extension to £20k for 135yrs. Landlord also insisted on Notice of Claim which I think should not be required. Advice required.
My wife and I have a first floor flat in Colwyn Bay with 63 years to run. Ten months ago we were quoted a deal to have a lease extension for a further fifty years but also uplift the ground rent from nominal to £250 per annum..plus a premium I think of about 16k. Finally we have decided to proceed but do we now have to renegotiate?
We have a one bedroom flat in Colwyn Bay. There is eighty years unexpired on the lease and we want to extend the lease. What will it likely cost to get a lease extension by, say,ninety years
I am in need of some help with a lease extension. I live in Belfast but the property in question is based in Colwyn Bay. I would be grateful if you can give me a call when you get a chance to discuss the case.
Coming up to 2 years that I have owned my maisonette in Colwyn Bay. I have sixety three years remaining on the lease. I am now looking either to purchase a share of freehold or a lease extension. 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 solicitors about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
I have 67 years remaining on my lease of a ground floor flat in Colwyn Bay, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable