Lease Extensions in Corwen

Frequently asked questions relating to Corwen Lease Extensions

Hello, I just randomly found your website. I'm seeking prices on what it cost to extend a lease of a ground floor flat located in Corwen. It's on sale at the moment but has just over sixety seven years of unexpired leasehold

I am about to put an offer in on a garden flat in Corwen with a lease of seventy three years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

I inherited a studio flat in Corwen. I am looking to extend lease on the property. It is nearing 80 years. I would just like to know what your charges are and how long it would take for completion.

I am thinking about whether to purchase the freehold or a lease extension of my property in Corwen and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Birmingham Midshires to free up equity. The broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease commenced in 1981 and since then the ground rent has increased from £25.00 per annum to £300 per year.

I am about to view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy two years remaining on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?

I am looking at purchasing an auction property and came upon a studio flat in Corwen. It only has a fifty year lease..the current owner as mortgagees in possession dont want to mess around with seeking a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Platform Home Loans Ltd?

Regarding a property in Corwen. GFF maisonette. seventy five yrs remaining. I have an agreed lease extension to £12,000 for 115yrs. Freeholder also requested Initial Notice which I think should not be required. Can you assist.

My wife and I are worried about getting a lease extension from a difficult landlord. Even though the legal procedures were adhered to under the appropriate legislation, the freeholder still tried to get ground rent of £300 increasing by 100% every twenty years of the new term. Can you assist?

Do you handle lease extensions on land? (a plot of land in Corwen with 82yrs remaining)

We have a ground floor flat in Corwen with a lease of 79 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Corwen