Common questions relating to Felinheli Lease Extensions

  • I have shares in the freehold of buildings comprising of 8 flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the procedure for this
  • I have a lease of 65 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • What will it cost me and what is the best way to get a lease extension started? I have nearly 78 years outstanding on my lease on a ground floor flat in Felinheli. I have emailed the agent who act on behalf of the head landlord and they provided me with the number of the valuer. I have contacted the valuer but I am not getting any kind of answer.
  • I am a landlord of a block of flats in Felinheli, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving the money next week. As I am not on self assessment do I contact HMRC ?
  • We would like to know the cost of a lease extension valuation for a property based in Felinheli. Would you be able to help?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to buy in Felinheli. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Felinheli. We have a 55 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Felinheli. I occupy in the upper flat. I was reviewing the land registry documents last night when I noticed that my flat has a lease on it. There is 57 years balance left. If I want to do a lease extension then would I just be paying for the conveyancing practitioners costs?
  • I am currently in the process of remortgaging my three bedroom second floor purpose built maisonette in Felinheli and the mortgage company that I am looking to move to needs a minimum 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around 58 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
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    Lease Extensions in Felinheli

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