Top Ten Questions relating to Llanddulas Lease Extensions

  • My name´s Ethan. I’m property hunting in Llanddulas I'm seeing a one bedroom apartment online, with just under fivety seven years outstanding, how much does it cost on average to extend in this location by, say, twenty years?
  • I own a leasehold flat in the Llanddulas area and was curious if I could get a lease extension. What are your processes and charges. There are 64 years residual lease term
  • I need to negotiate a lease extension for a flat in Llanddulas and want to use a local lawyers. Is there a property lawyers that you can recommend?
  • We are selling our ground floor flat in Llanddulas but we may need to extend the lease, or at least cover the expense of our buyers. Are you able to help me find someone to assist?
  • I am a FTB of a leasehold flat in Llanddulas. The lease has only 67 years outstanding and ground rent is £75. Is it possible for the flat owner to serve the Initial Notice and then transfer this right to me as the purchaser once I complete the buying process 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 costly to the flat owner? To add to the complexity it’s the case of an missing freeholder, so I am not sure how does it work.
  • I am looking at bidding for an auction property and came upon a studio flat in Llanddulas. It only has a 41 year lease..the current owner as mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and reduced chance of obtaining a mortgage with Clydesdale?
  • We have a one bedroom flat located in Llanddulas. There is eighty years to run on the lease and we want to extend the lease. What does it cost on average to get a lease extension by, say,thirty years
  • I am in need of some help with a lease extension. I live in Belfast but the property in question is based in Llanddulas. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I require an estimate to extend my aunt’s lease on a garden flat in Llanddulas. She already has a price from the landlord for a lease extension but I am unclear whether it is too expensive.
  • I am currently negotiating a lease extension for my flat in Llanddulas 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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    Lease Extensions in Llanddulas

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