Questions and Answers: Felinheli Lease Extensions

  • I want to purchase a leasehold property and lease extension. The current owner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Hello. I need a to review my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • I have a leasehold apartment in Felinheli. I have built a large extension and have not informed my freeholder. What are my options?
  • Re a property in Felinheli. upper maisonette. fivety nine yrs unexpired. I have negotiated a lease extension price of £14k for 135yrs. Freeholder also insisted on Section 42 Notice which I think should not be required. Can you assist.
  • I intend to buy a one bed flat in Felinheli for asking price of 125k, which has seventy five years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I an interested in finding out more about purchasing a leasehold residence. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Felinheli area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • I'm living at mother and father but have a garden flat in Felinheli let out which has a fivety nine 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 Felinheli 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 13k. Not sure sure whether to hold on or sell the flat?
  • I have a leasehold property in Felinheli with 70 years unexpired on the lease. I need a to act for me to achieve a lease extension. Can you assist?
  • I am planning on refinancing my one bedroom apartment in Felinheli and the mortgage company that I am looking to move to requires at least 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around seventy five years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension

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