FAQs concerning Llandyrnog Lease Extensions

  • So this is the scenario: I bought a garden flat in Llandyrnog that I am now unable to sell as a result of the lease requiring a lease extension. What's your legal fee ?
  • Hello, I am looking somewhere around or in Llandyrnog 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • I bought a three bedroom ground floor purpose built maisonette located in Llandyrnog with a leasehold unexpired of 76 years. I am curious about what I will need to spend to extend my leasehold
  • I have been in touch with my freeholder to extend my lease for my flat in Llandyrnog. His has been in contact with costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started June 1990.
  • We are selling our one bedroom apartment in Llandyrnog but we may need to extend the lease, or possibly cover the expense of our purchaser. Can you help me find someone to help us?
  • Is it possible to talk with you about a flat in Llandyrnog, I am considering bidding at auction in the next few days. The flat only has a few years left and I am curious about what it would cost to get a lease extension and for your services.
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Llandyrnog and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Chelsea Building Society to release of equity. The adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £15.00 per year to £200 per year.
  • We have a leasehold flat in Llandyrnog with 68 years left. Ten months ago we were quoted a deal to grant a lease extension for a further fifty years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 16k. We have now decided to move forward but do we now have to start the negotiations again?
  • I am currently in the process of refinancing my one bedroom apartment in Llandyrnog and the bank that I am looking to switch to needs at least 85 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around sixety seven years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • I am currently negotiating a lease extension for my flat in Llandyrnog 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?

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