Recently asked questions relating to Towyn Lease Extensions

  • My name´s Jude. I’m house hunting in Towyn I'm seeing a three bedroom first floor purpose built flat online, with just over sixety six years outstanding, how much will it likely cost to get a lease extension by, say, thirty years?
  • I own a leasehold flat in the Towyn area and was enquiring whether I could get a lease extension. What are your processes and fees. Has 66 years unexpired
  • I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in Towyn - I wanted to see if with your services this could be extended?
  • I'm about to make an offer on a house in Towyn but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Platform Home Loans Ltd giving us the mortgage now?
  • I purchased a one bedroom apartment in Towyn with a leasehold unexpired of 58 years. I am wondering about what I will need to spend to extend my lease
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Towyn, and my lease will reach sixety six years this Septembmer. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • The terms for the lease on my apartment in Towyn are 95 years from 1 Jan 1989. Can you supply me me a quote to extend the lease if I give you more information please?
  • I'm looking for an apartment to buy in Towyn and I'm not really familiar with the leasehold tenure. I've found a one bedroom apartment I like with a 91 years lease. I've read that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • I own a share of the freehold. There are four apartments in the building. All the leaseholders are now looking for lease extensions. What's your legal fee?
  • Me and my husband are hoping to acquire a flat (a studio flat based inTowyn with share of freehold). During our search, we were always looking at properties that had a minimum eighty five years unexpired. We found a place we fell in love with and the estate agent promised us that the lease term was not an issue. This morning our property lawyers informed us the lease only has seventy five years and thus requires a lease extension. Do we run away, or do we reduce our offer?
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    Lease Extensions in Towyn

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