Lease Extensions in Llanfairfechan

Sample questions relating to Llanfairfechan Lease Extensions

I am the registered owner of a property in Llanfairfechan and it has around 56 years balance left. I'd like to arrange a lease extension by twenty years

The intention is to sell our one bedroom apartment in Llanfairfechan but we may need to extend the lease, or at least cover the costs of our purchaser. Can you help me find a to assist?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

My dad has a share of freehold, with two other leaseholders in a building in Llanfairfechan. House split into three apartments. He has a lease, which has around 79 years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?

If a leaseholder owns a flat with a lease of less than 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 extending the lease?

I note that your website states the likely fee to extend a lease is £495. Is that the total cost including value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my one bedroom apartment in Llanfairfechan

Just a quick one, how much does it cost for a lease extension on a residential property in Llanfairfechan for a three bed flat - section 42 is already in place?

I am the registered freeholder to two flats. Someone has the lease on the lower flat in Llanfairfechan. I occupy in the upper flat. I was reviewing the title deeds today when I noticed that my flat is leasehold. There is sixety six years left on the lease. If I want a lease extension then would I simply be paying for the costs?

My father knows that others in the same building previously had a lease extension, and the freeholder seemed reasonable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on previous premiums paid . This would save on double valuation charges. Would you suggest such a course of action?

I have a lease of sixety two years remaining on my flat in Llanfairfechan. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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