Frequently asked questions relating to Llanfechain Lease Extensions

  • We are looking for lease extension for our apartment in Llanfechain and we are confused by the communication that we got from our freehold company. How long will it take?
  • I think our lawyers has advised us incorrectly concerning a lease extension and I want to find out how to complain
  • I have a lease of 61 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am about to put an offer in on a studio flat in Llanfechain with a lease of 60 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • We are selling our one bedroom apartment in Llanfechain but we may require a lease extension, or at least cover the expense of our purchaser. Can you suggest a solicitors to undertake the legal formalities?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Llanfechain and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Nationwide Building Society to release of equity. My broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease commenced in 1991 and since then the ground rent has increased from £15.00 per annum to £300 per year.
  • My mortgage provider is requesting several hundred pounds for their property lawyers to agree a lease extension for my flat in Llanfechain... I can find no mention of this in my mortgage guide... is this a standard charge?
  • Regarding a leasehold in Llanfechain. lower maisonette. 61 yrs left. I have negotiated a lease extension price of £12,000 for 115yrs. Landlord also requested Notice of Claim which I think is a bit over the top. Advice required.
  • We have a first floor flat in Llanfechain with seventy seven years to run. Last year we were quoted a deal to grant a lease extension for another fifty years but also uplift the ground rent from notional to £300 per annum..plus a premium I think of approximately 14k. Finally we have decided to go ahead but do we now have to renegotiate?
  • I would like some guidance on purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Llanfechain area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
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    Lease Extensions in Llanfechain

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