Moelfre Lease Extensions

Common questions relating to Moelfre Lease Extensions

35k agreed with the freeholder, just attempting to find a Moelfre for a lease extension. Our flat has slightly less 71 yrsunexpired lease. How long will this take ?

I’m just looking for a one bed apartment to buy in the Moelfre area and was wondering how much would it cost to extend a lease? It has fivety seven years unexpired...

I have a share of the freehold. There are three apartments in the block. All the leaseholders are now looking for lease extensions. What's your solicitors fee?

I am looking to buy a one bed flat in Moelfre for asking price of 145k, which has 55 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I am planning to extend the lease on my one bed flat in Moelfre I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.

We would like to know the cost of a lease extension valuation for a property based in Moelfre. Would you be able to help?

I'm living with my parents but have a ground floor flat in Moelfre let out which has a seventy four 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 Moelfre 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 21k. Should I keep or sell the flat?

My mum knows that others in the same building previously had a lease extension, and the freeholder was reasonable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Would you recommend this course of action?

I have 65 years remaining on my lease of a ground floor flat in Moelfre, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

I have a lease of 60 years remaining on my flat in Moelfre. 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 Moelfre