Recently asked questions relating to Criccieth Lease Extensions

  • My partner has an apartment in Criccieth which we are about to put on the market. The leasehold has roughly seventy nine years balance left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.
  • I'm about to make an offer on a house in Criccieth but I'm concerned 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 Barnsley Building Society giving us the mortgage now?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Criccieth, and my lease will reach seventy seven years this June. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • Is it possible to talk with you about a leasehold property in Criccieth, I am thinking of bidding at auction next month. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
  • Ref a leasehold in Criccieth. upper maisonette. 69 yrs left. I have an agreed lease extension to £14k for 125yrs. Freeholder also requested Section 42 Notice which I think should not be required. Advice required.
  • I an interested in finding out more about leasehold property buying. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Criccieth area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • My OH and I have owned a leasehold flat for about twenty years. There are sixety four years unexpired lease on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would welcome advice.
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety years. I need a at my end. Can you advise please? I live near Criccieth and have a mortgage with Birmingham Midshires.
  • I am the freeholder of a property in Criccieth and a leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has upped this by £2,000 without too much effort. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • My brother is concerned about getting a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were followed under the appropriate legislation, the landlord still tried to get ground rent of £200 increasing by 100% every 25 years of the new lease. Can you assist?

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