Llanberis Lease Extensions: Q and A’s

  • I own a leasehold flat in the Llanberis area and was enquiring whether I could obtain a lease extension. What are your processes and charges. There are seventy one years left
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 928 years remaining 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 twenty years without owning the property. Any suggestions would be much appreciated.
  • I am about to put an offer in on a maisonette in Llanberis with a lease of sixety three years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am the owner of a maisonnette together with the freehold reversion. My upstairs neighbours have asked for a lease extension what do I need to do?
  • My neighbours and I are in a block of five flats in Llanberis and have been offered to buy the freehold for £6000 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?
  • We have a one bedroom flat based in Llanberis. There is 80 years to run on the lease and we want a lease extension. How much does it cost on average to get a lease extension by, say,45 years
  • I am looking to buy a one bed flat in Llanberis for asking price of 156k, which has 56 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm living at mum and dad but have a garden flat in Llanberis let out which has a fivety four 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 Llanberis 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 13k. Should I keep or sell the flat?
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Llanberis for a one bed flat - sec 42 is already in place?
  • I'm looking for some advice with regard to a lease extension on my two bedroom second floor purpose built flat in Llanberis. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good solicitors who specialises in lease extensions?
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    Lease Extensions in Llanberis

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