Sample questions relating to Nefyn Lease Extensions

  • I’m just looking for a maisonette to purchase in the Nefyn area and was enquiring how much would it cost to extend a lease? It has seventy one years outstanding...
  • I purchased a flat in Nefyn with a leasehold unexpired nearly 79 years and need to extend it. Please can you advise me of the next steps
  • Hello, I just randomly found your site. I'm seeking prices on what a lease extension will cost for a three bed flat in Nefyn. It's up for sale at the moment but has approximately seventy years left on the lease
  • I'm wanting to make an offer on a house in Nefyn but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Nottingham Building Society giving us the mortgage now?
  • I bought a ground floor flat based in Nefyn with a leasehold unexpired of 68 years. I am enquiring about how much it will cost me to extend my lease term
  • I am a first time buyer of a leasehold flat in Nefyn. The lease has just fivety seven years remaining and ground rent is £50. Is it possible for the flat owner to serve the Initial Notice and then assign over the right to me as the buyer once I complete the buying process so that I don't have to wait 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? To add to the complexity it’s the case of an absent landlord, so I am not sure how this will play out.
  • Me and my wife are considering buying a ground floor flat in Nefyn which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I am the freeholder of a 1930’s property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy two years. What are my next steps?
  • I have a freehold of a one bedroom flat in Nefyn. The leaseholders have sixety five years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • My and my husband know that others in the same building had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on previous prices . This would save on double valuation charges. Would you recommend this course of action?
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    Lease Extensions in Nefyn

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