Towyn Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Towyn Lease Extensions
We are looking for lease extension for our leasehold house in Towyn and we don't fully comprehend the communication that we got from our freehold company. How long will it take?
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 am looking to either purchase the freehold or a lease extension of my property in Towyn and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Norwich and Peterborough Building Society to release of equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1991 and since then the ground rent has increased from £25.00 per year to £100 per annum.
I am thinking about buying an auction property and found a one bed flat in Towyn. It only has a fifty-one year lease..the current owner as mortgagees in possession dont want to mess around with applying for a lease extension..what are the drawbacks of this other than the huge fee to extend the lease and decreased chance of getting a mortgage with Platform Home Loans Ltd?
I own a share of the freehold. There are four flats in the block. All the leaseholders are now looking for lease extensions. Are you willing to help us with this situation?
I am in need of a lease extension for my flat in Towyn and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
I am planning to extend the lease on my ground floor flat in Towyn I am looking for help to verify the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
Me and my OH would like to know the cost of a lease extension valuation for a property based in Towyn. Is this something you can help us with?
I am currently in the process of refinancing my ground floor flat in Towyn and the next lender that I am looking to move to requires a minimum 80 years remaining on the lease in order for them to progress matters. We currently have around 73 years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension
We currently own a three bedroom first floor purpose built maisonette in Towyn 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 sixety six years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?