Frequently asked questions relating to Llanbedr Lease Extensions

  • I need to extend my current lease can you help me with that? I think it has sixety seven years balance left
  • I bought a garden flat based in Llanbedr with a leasehold unexpired of 56 years. I am curious about what I will need to spend to extend my leasehold
  • 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?
  • My co-lessees and I are in a block made up four flats in Llanbedr and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking into the costs of carrying out a lease extension for my maisonette in Llanbedr, and would like some figures on that.
  • Is it possible to talk with you about a leasehold property in Llanbedr, I am thinking of bidding at auction next week. The flat has a short lease and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety seven years. I need a conveyancing practitioners at my end. Can you advise please? I live near Llanbedr and have a mortgage with The Mortgage Works.
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Llanbedr for a three bed flat - sec 42 is already served?
  • I have 67 years remaining on my lease of a ground floor flat in Llanbedr, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Llanbedr

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