Examples of recent questions relating to Lease Extensions in Old Colwyn

  • I own a property in Old Colwyn and it has around 72 years left. I'd like to extend the lease period
  • I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has 65 years unexpired
  • I will soon view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 72 years residual lease term on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I would like some help on purchasing a leasehold residence. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Old Colwyn area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I am looking to extend the lease on my garden flat in Old Colwyn 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.
  • My and my fiance know that others in the same building previously had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation fees. Would you suggest such a course of action?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom second floor purpose built maisonette in Old Colwyn
  • We have a garden flat in Old Colwyn with a lease of seventy years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?
  • I have a lease of 68 years remaining on my flat in Old Colwyn. 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?
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    Lease Extensions in Old Colwyn

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