Lease Extensions in Tywyn

Frequently asked questions relating to Tywyn Lease Extensions

I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leasehold owners want to extend their leases and I'm curious about the the process

I am looking for a in Tywyn and they need to be on the HSBC Bank approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend a ?

I own a garden flat in Tywyn. The start date for the lease was in 2001 for 99 years. Now I am looking for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?

I'm thinking of buying a ground floor flat (leasehold) but the landlord has been missing for about 15yrs. My question is would it be less expensive to try to acquire the reversionary title or to extend lease and apply for right to manage?

I am considering whether to purchase the freehold or a lease extension of my property in Tywyn and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with HSBC Bank to release of equity. My broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease commenced in 1972 and since then the ground rent has increased from £15.00 per annum to £100 per year.

I have a leasehold flat in Tywyn. I have built a large extension and have not informed my freeholder. What are my options?

I will soon view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has fivety nine years unexpired on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?

I an interested in finding out more about leasehold property buying. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Tywyn area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?

I'm living with my parents but have a garden flat in Tywyn let out which has a 56 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Tywyn for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?

Coming up to two years that I have been in my studio flat in Tywyn. I have seventy eight years unexpired lease on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 445k. 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: Is there a benefit in getting a Tywyn based or any will do fine?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Tywyn