FAQs concerning Old Colwyn Lease Extensions

  • I purchased a property in Old Colwyn and it has around 67 years left. I'd like to extend the lease period
  • I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in Old Colwyn - I wanted to see if with your services this could be extended?
  • I want to buy a leasehold property and extend the lease. The owner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I have a lease of fivety four years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I bought a one bedroom apartment in Old Colwyn. The lease started in 1992 for 99 years. Now I am wanting to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • I need to talk to you about an apartment in Old Colwyn, I am thinking of bidding at auction next month. The flat only has a few years left and I was wondering about what it would cost to get a lease extension and for your services.
  • My partner and I have a residential flat in Old Colwyn with seventy seven years to run. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 9k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • Me and my husband would like to know the cost of a lease extension valuation for a property based in Old Colwyn. Would you be able to help?
  • I am currently negotiating a lease extension for my flat in Old Colwyn 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?
  • We have a maisonette in Old Colwyn with a lease of sixety three years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Old Colwyn

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