Sample questions relating to Harlech Lease Extensions

  • So this is the scenario: I am the registered owner of a garden flat in Harlech that I am now unable to sell as a result of the lease requiring a lease extension. Are you willing to help me with this situation ?
  • Hi, I just randomly found this website. I'm seeking prices on what it cost to extend a lease of a maisonette in Harlech. It's on the market at the moment but has about sixety three years of unexpired leasehold
  • I have a lease of sixety four years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • We bought a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Harlech and are therefore deliberating the option of a vesting order. Is this something you can help us with?
  • I am a first time buyer of a leasehold flat in Harlech. The lease has only sixety one years remaining and ground rent is £50. Is it possible for the current owner to serve the Section 42 Notice and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the owner? Unfortunately it’s the case of an missing landlord, so I am not sure how this will play out.
  • I am a landlord of a block of flats in Harlech, and the tenants are in the process of being issued lease extensions. I anticipate receiving funds next week. How does the tax work, the property is co-owned with my partner ?
  • I am thinking about purchasing an auction property and came upon a studio flat in Harlech. It has just 41 year lease..the current owner being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the costly fee to put a new lease on it and decreased chance of getting a mortgage with Accord Mortgages Ltd?
  • We have a GFF based in Harlech. There is 80 years left on the lease and we want a lease extension. What will it likely cost to extend in this location by, say,25 years
  • I'm intent on buying a flat in Harlech at a price of £256,000 the flat has just under 76 years unexpired on the lease. My offer was subject to the lease being renewed... .. that was back in November, expecting I'd have completed by now. The owner has just informed the agent they'll knock £4k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I am currently negotiating a lease extension for my flat in Harlech as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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