Criccieth Lease Extensions

Sample questions relating to Criccieth Lease Extensions

I have shares in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the procedure for this

I want to purchase a leasehold property and extend the lease. The vendor has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I am going to purchase a flat in Criccieth. The offer is conditional upon a lease extension. The seller’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays . Moreover, which are the following lease extension steps to complete the purchase?

I am looking into the costs of carrying out a lease extension for my garden flat in Criccieth, and would like some figures on that.

I am a first time buyer of a leasehold flat in Criccieth. The lease has just 64 years balance left and ground rent is £25. Is it possible for the owner to serve the Section 42 Notice and then assign over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the current owner? To add to the complexity the freeholder can not be found, so I am not sure how does it work.

I wondered if you could help me on the likely expense and the optimum way to get a lease extension started? I have around sixety nine years outstanding and I own a one bedroom apartment in Criccieth.

I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Criccieth. I would be grateful if you can give me a call when you get a chance to discuss the case.

I'm intent on purchasing an apartment in Criccieth at a price of £210,000 the flat has approximately 54 years remaining on the lease. I put in an offer conditional upon the lease being extended... .. that was back in June, hoping I'd have completed by now. They have just come back saying they'll reduce the price by£2k if I deal with the lease extension myself. I'm not sure whether that's a good idea

My wife and I are worried about getting a lease extension from tricky freeholder. Even though the legal procedures were adhered to under the 1993 Act, the landlord still tried to get ground rent of £200 doubling every 25 years of the new lease. Can you assist?

I have a lease of sixety years remaining on my flat in Criccieth. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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