Top Ten Questions relating to Talsarnau Lease Extensions

  • My name´s Freddie. I’m property hunting in Talsarnau I'm considering offering on a one bed flat online, with about 72 years remaining, how much does it cost on average to extend in this area by, say, 25 years?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 61 years remaining.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I'm deliberating over purchasing a studio flat (leasehold) but the landlord has been missing for circa 15yrs. My question is would it be less expensive to try to buy the reversionary title or to get a lease extension and apply for right to manage?
  • I am looking into the costs of carrying out a lease extension for my three bed flat in Talsarnau, and would like some figures on that.
  • I am about to view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has fivety four years remaining on the lease. It is also a repossession so I'm guessing that the lender will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Talsarnau. I live in the top flat. I was reviewing the title deeds last night when I noticed that my flat is leasehold. There is seventy nine years left on the lease. If I want to do a lease extension then would I simply be paying for the fees?
  • We know that others in the same block previously had a lease extension, and the landlord was reasonable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Talsarnau
  • We have a garden flat in Talsarnau with a lease of sixety four years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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