FAQs concerning Y Felinheli Lease Extensions

  • I’m about to offer on a ground floor flat to purchase in the Y Felinheli area and was enquiring what the likely fees would be to extend a lease? It has 69 years outstanding...
  • I invested in buying a property in Y Felinheli and it has approximately fivety eight years residual lease term. I'd like to arrange a lease extension by twenty years
  • I own a leasehold flat in the Y Felinheli area and was wondering whether I could obtain a lease extension. What are your processes and fees. There are 79 years balance left
  • I have contacted my freeholder to extend my lease for my flat in Y Felinheli. His property lawyers has been in contact with costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started August 1987.
  • I am concerned that my niece might be having the wool pulled over her eyes. She put in an offer on a garden flat in Y Felinheli, where the lease is nearon sixety one years but she was informed by the estate agents that the seller had extended it to 99 years. She has now been advised the seller was holding off for her to retain conveyancers before commencing with the lease extension. Seems underhand, also it could take time to sort it all out. What do you think?
  • We had entered into a purchase of a one bed flat in Y Felinheli. I was told that the lease had been extended (sixety years left prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The owner apparently has a quote but no funds to extend and consequently the homeowner intends to exchange and use the 10% deposit to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my studio flat in Y Felinheli
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Y Felinheli. I live in the upper flat. I was looking at the title deeds yesterday when I noticed that my flat has a lease on it. There is sixety six years left on the lease. Is it possible to carry out a lease extension without retaining a solicitors?
  • I'm looking for some help concerning extending the lease on my flat. The plan is to do this in nine months time as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Can you recommend a good solicitors who specialises in lease extensions. Preferably based in Y Felinheli?
  • Other Topics

    Lease Extensions in Y Felinheli

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