Lease Extensions in Penrhyn Bay

Common questions relating to Penrhyn Bay Lease Extensions

I’m seeking a lease extension for our apartment based in Penrhyn Bay and we don't fully comprehend the letter that we got from our freehold company. Can you please assist us with this situation?

I own a studio flat in Penrhyn Bay that I am finding difficult to sell due to the lease needing a lease extension. Are you able to help me with this situation ?

The intention is to sell our one bedroom apartment in Penrhyn Bay but we may need a lease extension, or at least cover the costs of our purchaser. Are you able to help me find someone to help us?

Is it possible to talk with you about a leasehold property in Penrhyn Bay, I am considering bidding at auction in the next few days. The flat only has a few years unexpired lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.

We are considering purchasing a garden flat in Penrhyn Bay which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?

Just a quick question, how much does it cost for a lease extension on a residential property in Penrhyn Bay for a three bed flat - section 42 is already served?

We currently own a maisonette in Penrhyn Bay and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 58 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?

I have 78 years remaining on my lease of a ground floor flat in Penrhyn Bay, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

I am currently negotiating a lease extension for my flat in Penrhyn Bay 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?

I have a lease of 64 years remaining on my flat in Penrhyn Bay. 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?

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