Common questions relating to Llandyrnog Lease Extensions

  • I’m about to offer on a studio flat to purchase in the Llandyrnog area and was curious what the likely fees would be to extend a lease? It has 61 years left...
  • We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 899 years outstanding so a lease extension is not a concern. 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 25 years without the house being ours. Any information would be much appreciated.
  • I am looking for a solicitors in Llandyrnog and they need to be on the Skipton Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend a solicitors ?
  • I bought a one bedroom apartment based in Llandyrnog with a leasehold unexpired of 64 years. I am curious about how much it will cost me to extend my lease
  • We acquired a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Llandyrnog and looking to do a vesting order. Is this something you can handle for us?
  • I am looking at purchasing an auction property and found a studio flat in Llandyrnog. It only has a 41 year lease..the seller as mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this other than the huge fee to put a new lease on it and reduced chance of getting a mortgage with Birmingham Midshires?
  • Me and my partner are proceeding with buying a three bedroom first floor purpose built flat in Llandyrnog. I was advised by the EA that the lease extension had already been completed while on a viewing (58 years left prior to extension). The sales particulars stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The current owner apparently has a quote but no finances to extend and consequently the flat owner intends to exchange and use the 10% deposit for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 65 years. I need a conveyancing practitioners at my end. Can you advise please? I live near Llandyrnog and have a mortgage with Accord Mortgages Ltd.
  • 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 doing it?
  • My husband and I have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Llandyrnog. We have a 65 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
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    Lease Extensions in Llandyrnog

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