Top Ten Questions relating to Fairbourne Lease Extensions

  • I’m about to offer on a a property to purchase in the Fairbourne area and was interested in finding out what the likely fees would be for a lease extension? It has 55 years outstanding...
  • I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in Fairbourne - I wanted to see if with your services this could be extended?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety four years remaining.
  • I am looking to purchase a garden flat in Fairbourne with a lease of 55 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 am a first time buyer of a leasehold flat in Fairbourne. The lease has only 54 years outstanding and ground rent is £95. Is it possible for the owner to serve the Section 42 Notice and then transfer over the right to me as the buyer on the day of completion so that I don't have to wait for the two 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 may be possible but will it be very time costly to the homeowner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
  • Ref a property in Fairbourne. GFF maisonette. seventy one yrs left. I have negotiated a lease extension price of £12,000 for 115yrs. Landlord also requested Section 42 Notice which I think is a tad over the top. Advice required.
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am planning to extend the lease on my ground floor flat in Fairbourne I am looking for help to verify the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 55 years. I need a conveyancing practitioners at my end. Can you advise please? I live near Fairbourne and have a mortgage with Chelsea Building Society.
  • Just been over two years that I have owned my three bedroom first floor purpose built maisonette in Fairbourne. I have fivety seven yrs remaining on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
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    Lease Extensions in Fairbourne

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