Questions and Answers: Rhos On Sea Lease Extensions

  • I acquired a ground floor flat in Rhos On Sea that I am finding difficult to sell as a result of the lease requiring a lease extension. How long will it take ?
  • I bought a flat in Rhos On Sea with a leasehold unexpired about 71 years and need to extend it. Please can you clarify the next stages
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety seven years unexpired.
  • I have a lease of fivety eight years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I own a maisonnette together with the freehold. My upstairs neighbours have asked for a lease extension what do I need to do?
  • I am looking to either 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 £3k to extend the lease. I plan to simultaneously refinance with Alliance & Leicester to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1972 and since then the ground rent has increased from £25.00 per annum to £100 per year.
  • My mortgage provider requires a £450 fee for their to approve the lease extension deed for my flat in Rhos On Sea... I am unable to find any mention of this in my mortgage contract... is this a usual cost that they charge?
  • I am seeking advice as I am interested in a property that has only a 59 year lease and therefore requires a lease extension. Is it possible for me to talk with someone to discuss my options please?
  • Just been over two years that I have been in my one bed flat in Rhos On Sea. I have 76 years left on the lease. I am now looking either to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • I have a flat in Rhos On Sea with fivety six years left on the lease. I need a to help me get a lease extension. Can you help?

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