Common questions relating to Llandudno Lease Extensions

  • My name´s Aaron. I’m flat hunting in Llandudno I'm seeing a garden flat online, with around seventy one years remaining, how much does it cost on average to extend in this location by, say, thirty years?
  • Hi, I stumbled across this site. I'm looking for prices on what it cost to extend a lease of a studio flat located in Llandudno. It's on sale at the moment but has circa fivety four years of unexpired leasehold
  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not required. 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.
  • Hello. I need a lawyers to review my lease extension prior to it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • The terms for the lease on my apartment in Llandudno are 99 years from 1 Dec 1980. Can you give me a quote for a lease extension if I give you more details please?
  • My mortgage lender requires a £500 fee for their property lawyers to agree a lease extension for my flat in Llandudno... I can find no mention of this in my mortgage contract... is this a normal fee to pay?
  • I own a share of the freehold. There are five apartments in the block. All the leaseholders are now seeking lease extensions. Are you able to help us with this situation?
  • My OH and I are considering purchasing a studio flat in Llandudno which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • Just a quick question, how much is the premium payable for a lease extension on a residential property in Llandudno for a two bed flat - sec 42 is already in place?
  • We are in the throws of buying a home (a studio flat based inLlandudno with share of freehold). During our search, we were always looking at properties that had at least eighty five years outstanding. We found a flat we fell in love with and the selling agent assured that the lease term was not an issue. Today our property lawyers advised us the lease only has fivety nine years and therefore needs a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
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    Lease Extensions in Llandudno

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