Questions and Answers: Glan Conwy Lease Extensions

  • Me and my fiance have just purchased a ground floor flat located inGlan Conwy and I'm deliberating extending the lease as soon as possible e.g. after two years
  • My partner has a flat based in Glan Conwy which we are about to put on the market. The leasehold has around sixety nine years residual lease term on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Many thanks.
  • I bought a property in Glan Conwy and it has nearon fivety four years unexpired. I'd like to arrange a lease extension by twenty years
  • I need to extend my existing lease can you help me with that? I think it has 55 years outstanding
  • Hello. I need someone to have a look at my lease extension before it's signed just to make sure there's nothing that I haven't seen - it's just a reissue with a few small changes.
  • I invested in buying a garden flat in Glan Conwy. The lease started in 1998 for 99 years. Now I am looking to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • I am about to view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy years unexpired on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • My mortgage lender is requesting several hundred pounds for their property lawyers for a "deed of substituted security" for the lease extension for my flat in Glan Conwy... I am unable to find any reference of this in my mortgage booklet... is this a normal cost that they charge?
  • My partner and I are proceeding with buying a maisonette in Glan Conwy. I was assured that the lease had been extended (66 years left prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The owner supposedly has a quote but no finances to extend and consequently the homeowner wishes to exchange and use the my deposit for the lease extension. My question is how is possible that the estate agent got it so wrong?
  • I'm living at mother and father but have a garden flat in Glan Conwy let out which has a 75 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 19k. Not sure sure whether to hold on or sell the flat?
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    Lease Extensions in Glan Conwy

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