Glan Conwy Lease Extensions Example Support Desk Enquiries

  • I invested in buying a one bedroom apartment in Glan Conwy that I now cannot sell as a result of the lease requiring a lease extension. How long will it take ?
  • I'm considering purchasing a garden flat (leasehold) but the freeholder has been absent for circa 15yrs. My query is would it be cheaper to try to purchase the reversionary title or to extend lease and apply for RTM?
  • Offer accepted on a a ground floor flat in Glan Conwy, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.We are about to exchange contracts in a couple of days. My question is how is possible that the estate agent got it so wrong?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety eight years. I need a property lawyers at my end. Can you advise please? I live near Glan Conwy and have a mortgage with Godiva Mortgages Ltd.
  • I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Glan Conwy. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm living at parents but have a studio flat in Glan Conwy let out which has a sixety one 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 Glan Conwy 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. Should I keep or sell the flat?
  • I'm intent on acquiring a flat in Glan Conwy at a price of £256,000 the flat has approaching 69 years remaining on the lease. My offer was subject to a lease extension... .. that was back in September, hoping I'd have moved in before Christmas. The owner has just informed the agent they'll knock £3k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • Me and my husband are hoping to buy a flat (a three bed flat located inGlan Conwy with share of freehold). During our search, we were always looking at apartments that had a minimum ninety years left on the lease. We found a place we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Today our solicitors told us the lease only has sixety years and thus requires a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • We know that others in the same building had already had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • I have a lease of seventy three years remaining on my flat in Glan Conwy. 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?
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    Lease Extensions in Glan Conwy

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