Tywyn Lease Extensions

Examples of recent questions relating to Lease Extensions in Tywyn

So this is the scenario: I purchased a garden flat in Tywyn that I now cannot sell as a result of the lease requiring a lease extension. Can you please help me with this situation ?

I think our has advised us incorrectly concerning a lease extension and I want to find out how to go about making a formal complaint

I would like to have my residential flat leasehold extension premium assessed. The flat is in Tywyn, and my lease will reach 65 years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?

Ref a property in Tywyn. lower maisonette. seventy eight yrs left. I have an agreed lease extension to £14k for 135yrs. Freeholder also insisted on Section 42 Notice which I think should not be required. Can you assist.

I own a share of the freehold. There are five flats in the house. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?

I'm intent on purchasing an apartment in Tywyn valued at £256,000 the flat has approaching seventy five years unexpired on the lease. My offer was conditional upon a lease extension... .. that was back in September, expecting I'd have moved in by now. The seller has just informed the agent they are willing to knock £3k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer

Just a quick one, how much is the premium payable for a lease extension on a residential property in Tywyn for a one bed flat - sec 42 is already in place?

I own the freehold to two flats. Someone has the lease on the lower flat in Tywyn. I live in the top flat. I was reviewing the land registry documents today when I noticed that my flat is leasehold. There is 78 years outstanding. If I want a lease extension then would I simply be paying for the costs?

I am currently negotiating a lease extension for my flat in Tywyn as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Tywyn

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