Questions and Answers: Llanarmon Yn Ial Lease Extensions

  • We have just acquired a one bedroom apartment based inLlanarmon Yn Ial and I'm considering extending the lease as soon as practicable e.g. after 24 months of ownership
  • I’m just looking for a one bedroom second floor purpose built flat to purchase in the Llanarmon Yn Ial area and was curious how much would it cost to extend a lease? It has 76 years left...
  • I want to buy a leasehold property and extend the lease. The current owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 years unexpired so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any guidance would be much appreciated.
  • I wondered if you could help me on how much it would charges and the best way to start the lease extension process? I have circa 71 years remaining and I own a garden flat in Llanarmon Yn Ial.
  • I have my suspicions that my daughter is being hoodwinked. She put in an offer on a three bedroom second floor purpose built maisonette in Llanarmon Yn Ial, where the lease is circa 75 years but she was advised by the selling agents that the vendor had extended it to 125 years. She has now been advised the seller was holding off for her to retain lawyers prior to commencing with the lease extension. Sounds unscrupulous, also it could take a while to sort it all out. What do you think?
  • Regarding a leasehold in Llanarmon Yn Ial. lower maisonette. seventy six yrs left. I have an agreed lease extension to £20k for 115yrs. Landlord also insisted on Notice of Claim which I think should not be required. Can you assist.
  • Offer accepted on a a maisonette in Llanarmon Yn Ial, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.We are soon to exchange contracts in a couple of days. My question is why has this only just been brought to my attention by my lawyers?
  • My son has a share of freehold, with two other leaseholders in a building in Llanarmon Yn Ial. House divided into three apartments. He has a lease, which has nearon 54 years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • Hi I am the freeholder interest in a 3 bedroom flat in Llanarmon Yn Ial. The leaseholder has a seventy seven year lease and would like to purchase another 125 years. She is offering me £18,000 but I am not sure if this is too low an offer
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    Lease Extensions in Llanarmon Yn Ial

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