Recently asked questions relating to Crymych Lease Extensions

  • I’ve just completed on a two bedroom second floor purpose built flat inCrymych and I'm deliberating a lease extension as soon as possible e.g. in 24 months of ownership
  • I own a leasehold flat in the Crymych area and was wondering whether I could obtain a lease extension. What are your processes and fees. Has sixety two years unexpired
  • I am looking to either purchase the freehold or a lease extension of my property in Crymych and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Halifax to release of equity. My adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease started in 1972 and since then the ground rent has been raised from £25.00 per annum to £300 per annum.
  • My mortgage lender is requesting several hundred pounds for their conveyancing practitioners to approve the lease extension deed for my flat in Crymych... I am unable to find any mention of this in my mortgage booklet... is this a standard fee to pay?
  • I am a landlord of a block of flats in Crymych, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving funds next month. How does the tax work, the property is co-owned with my partner ?
  • Re a property in Crymych. upper maisonette. 56 yrs left. I have negotiated a lease extension price of £14k for 135yrs. Landlord also insisted on Notice of Claim which I think should not be required. Advice required.
  • My flat in Crymych is up for sale and I have a hopefully firm offer. There is 79 years remaining on the lease and I want to extend the lease. What does it cost on average to extend in this area by, say,fifty years
  • I'm living at mum and dad but have a one bedroom apartment in Crymych let out which has a 55 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 Crymych 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. Not sure sure whether to hold on or sell the flat?
  • I require an estimate to extend my mother’s lease on a maisonette in Crymych. She recently got a figure from the freeholder for a lease extension but I am far from certain if it is too high.
  • We currently own a studio flat in Crymych and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 73 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
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    Lease Extensions in Crymych

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