Lease Extensions in Llanymynech

Questions and Answers: Llanymynech Lease Extensions

We agreed with the landlord to a lease extension on our flat based in Llanymynech, 12k for an extension by 90yrs. Are you willing to assist us with this situation ?

I’m about to offer on a maisonette to buy in the Llanymynech area and was wondering what the likely fees would be to extend a lease? It has 55 years residual lease term...

My partner has a flat in Llanymynech which we have just put on the market. The leasehold has circa sixety two years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.

I purchased a property in Llanymynech and it has slightly more than 72 years balance left. I'd like to extend the lease period

I am a first time buyer of a leasehold flat in Llanymynech. The lease has only 63 years left and ground rent is £75. Is it possible for the seller to serve the Initial Notice and then transfer over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the current owner? Unfortunately the landlord can not be found, so I am not sure how this will play out.

I am considering purchasing an auction property and came upon a studio flat in Llanymynech. It only has a 41 year lease..the current owner being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this other than the costly fee to extend the lease and decreased chance of getting a mortgage with Bank of Scotland?

If somebody 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?

Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Llanymynech for a two bed flat - sec 42 is already in place?

My wife and I are hoping to buy a flat (a garden flat based inLlanymynech with share of freehold). Throughout our search, we were always looking at properties that had a minimum 84 years remaining. We identified a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Today our told us the lease only has 71 years and therefore requires a lease extension. Should we run away, or should we reduce our offer?

I own the freehold to two flats. Someone has the lease on the garden flat in Llanymynech. I occupy in the upper flat. I was looking at the land registry documents last night when I noticed that my flat has a lease on it. There is seventy six years unexpired. If I want a lease extension then would I simply be paying for the fees?

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