Moelfre Lease Extensions

Recently asked questions relating to Moelfre Lease Extensions

I’ve just completed on a ground floor flat located inMoelfre and I'm considering extending the lease as soon as I can e.g. after 24 months of ownership

I bought a property in Moelfre and it has nearon 61 years balance left. I'd like to arrange a lease extension by twenty years

I own a leasehold flat in the Moelfre area and was wondering if I could get a lease extension. What are your processes and charges. There are seventy one years balance left

I bought a garden flat located in Moelfre with a leasehold unexpired of sixety four years. I am wondering about how much I will need to spend to extend my lease

I am about to put an offer in on a maisonette in Moelfre with a lease of fivety five years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

My father has a share of freehold, with two other leaseholders in a building in Moelfre. House divided into three apartments. He has a lease, which has around sixety one yrs outstanding. How much would it cost for a lease extension and how many years would he need to extend by?

I do not need a lease extension but I do require a vesting order on a property I want to buy in Moelfre. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the garden area.

I'm looking at purchasing a flat in Moelfre at a price of £195,000 the flat has approximately sixety one years left on the lease. I put in an offer subject to a lease extension... .. that was back in June, hoping I'd be in by now. The seller has just informed the agent they'll reduce the price by£2k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer

My husband and I are acquiring a studio flat in Moelfre which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to wait until the lease extension has actually been registered before completing.?

I am currently negotiating a lease extension for my flat in Moelfre as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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