FAQs concerning Glan Conwy Lease Extensions

  • I have an interest in the freehold of buildings comprising of six flats each. 2 of the leaseholders want to extend their leases and I'm enquiring about the procedure for this
  • Do you only do lease extensions in Glan Conwy? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a .
  • 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?
  • I inherited a studio flat in Glan Conwy. The start date for the lease was in 1997 for 99 years. Now I am looking for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • I plan on buying a flat in Glan Conwy. My offer is subject to the lease extension. The owner’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?
  • Re a residence in Glan Conwy. GFF maisonette. fivety six yrs left. I have negotiated a lease extension price of £12,000 for 135yrs. Freeholder also requested Notice of Claim which I think should not be required. Advice required.
  • I am looking to buy a one bed flat in Glan Conwy for asking price of 145k, 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 query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am looking to extend the lease on my three bedroom ground floor purpose built flat in Glan Conwy I am looking for a local company to calculate the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm looking at purchasing an apartment in Glan Conwy valued at £195,000 the flat has approaching 55 years left on the lease. My offer was conditional upon a lease extension... .. that was back in August, hoping I'd have completed by Christmas. The owner has just informed the agent they'll reduce the price by£8k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Glan Conwy

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