Penmaenmawr Lease Extensions: Q and A’s

  • I’m about to offer on a 2 bed apartment to buy in the Penmaenmawr area and was wondering how much would it cost for a lease extension? It has 64 years as a balance left...
  • I own a studio flat based in Penmaenmawr with a leasehold unexpired of 66 years. I am wondering about what I will need to spend to extend my lease
  • I am going to purchase a flat located in Penmaenmawr. The offer is conditional upon a lease extension. The current owner’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Clydesdale. Moreover, which are the following lease extension steps to complete the purchase?
  • The intention is to sell our one bed flat in Penmaenmawr but we may require a lease extension, or at least cover the costs of our buyers. Can you recommend a to assist?
  • I purchased a garden flat in Penmaenmawr. I am looking to extend lease on the property. It is approximately eighty years. I would just like to know what your charges are and how long it would take for completion.
  • We purchased a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Penmaenmawr and are therefore considering the option of a vesting order. Is this something you can do for us?
  • Is it possible to talk with you about a flat in Penmaenmawr, I am thinking of buying at auction next week. The flat only has a few years outstanding and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I'm intent on buying an apartment in Penmaenmawr valued at £256,000 the flat has just under 78 years left on the lease. My offer was conditional upon a lease extension... .. that was back in September, expecting I'd have completed before Christmas. They have just informed the agent they are willing to knock £5k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • Just a quick question, how much are the legal fees for a lease extension on a residential property in Penmaenmawr for a one bed flat - sec 42 is already served?
  • We have a garden flat in Penmaenmawr with a lease of 67 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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