Questions and Answers: Llanrwst Lease Extensions

  • Hello, I stumbled across your website. I'm looking for prices on what it cost to extend a lease of a ground floor flat in Llanrwst. It's on the market at the moment but has just under 62 years of unexpired leasehold
  • I am looking for a conveyancing practitioners in Llanrwst and they should be on the TSB approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • I inherited a garden flat in Llanrwst. I am looking for a lease extension on the property. It is nearing eighty one years. I would just like to know what your charges are and how long the process takes.
  • Are you able to advise on the likely charges and the best way to start the lease extension process? I have around 55 years unexpired lease and I own a one bedroom apartment in Llanrwst.
  • We have owned a leasehold flat for about twenty years. There are fivety eight years unexpired lease on the lease. After a year of protracted negotiations through my lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • 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 seventy six years. I need a property lawyers at my end. Can you advise please? I live near Llanrwst and have a mortgage with Barnsley Building Society.
  • I'm living at parents but have a ground floor flat in Llanrwst let out which has a 60 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Llanrwst for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • Coming up to 2 years that I have been in my one bed flat in Llanrwst. I have 56 yrs left on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • I'm hoping for some advice with regard to extending the lease on my apartment. The plan is to do this in nine months time as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Llanrwst
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    Lease Extensions in Llanrwst

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