Questions and Answers: Rhos On Sea Lease Extensions

  • I acquired a one bed apartment in Rhos On Sea that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?
  • I have got a leasehold flat in the Rhos On Sea area and was curious whether I could obtain a lease extension. What are your processes and fees. There are 61 years remaining
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 899 years left so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.
  • The terms for the lease on my flat in Rhos On Sea are 99 years from 12 Sep 1980. Please provide me a quote to extend the lease if I give you more information please?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Rhos On Sea and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Halifax to release of equity. My broker handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease started in 1979 and since then the ground rent has been raised from £25.00 per annum to £200 per year.
  • I am a first time buyer of a leasehold flat in Rhos On Sea. The lease has just 66 years left and ground rent is £25. Is it possible for the seller to serve the Initial Notice and then assign over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the owner? Unfortunately it’s the case of an absent landlord, so I am not sure how does it work.
  • I am planning to extend the lease on my maisonette in Rhos On Sea I am looking for a local company to calculate the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • I do not need a lease extension but I do require a vesting order on a property I want to buy in Rhos On Sea. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.
  • We have been in discussion with our freeholder after having a valuation on our maisonette in Rhos On Sea. We have a fivety seven year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I have a freehold of a one bedroom flat in Rhos On Sea. The leaseholders have 59 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
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    Lease Extensions in Rhos On Sea

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