Questions and Answers: Machynlleth Lease Extensions

  • I’m looking for lease extension for our two bed flat based in Machynlleth and we are confused by the letter that we received from our landlord company. How long will it take?
  • I have shares in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm curious about the the process
  • I am looking for a lease extension on the lease on my studio flat in Machynlleth which will have fivety eight years left in August. What fees are applicable?
  • I need to negotiate a lease extension for a flat in Machynlleth and want to use a local . Is there a that you can recommend?
  • Do you only undertake lease extensions in Machynlleth? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a .
  • I need to talk to you about an apartment in Machynlleth, I am thinking of bidding at auction next month. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
  • 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 extending the lease?
  • I'm intent on purchasing an apartment in Machynlleth at a price of £256,000 the flat has something like 64 years left on the lease. I put in an offer conditional upon a lease extension... .. that was back in June, expecting I'd have completed by now. The seller has just come back saying that they are prepared to knock £4k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • I know that others in the same block had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • I require an estimate to extend my aunt’s lease on a garden flat in Machynlleth. She recently got a figure from the freeholder for a lease extension but I am not sure it is too expensive.

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