Common questions relating to Y Felinheli Lease Extensions

  • I bought a property in Y Felinheli and it has nearly 60 years residual lease term. I'd like to arrange a lease extension by twenty years
  • I am looking to extend the lease on my garden flat in Y Felinheli which will have 72 years unexpired lease in November. What fees are applicable?
  • I am looking for a in Y Felinheli and they need to be on the Santander approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend a ?
  • I have contacted my freeholder for a lease extension for my flat in Y Felinheli. His has been in contact regarding fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started May 1987.
  • The terms for the lease on my flat in Y Felinheli are 95 years from 10 Feb 1990. Can you provide me a quote to extend the lease if I give you more information please?
  • My mortgage lender is requesting several hundred pounds for their to approve the lease extension deed for my flat in Y Felinheli... I am unable to find any reference of this in my mortgage literature... is this a usual fee to pay?
  • We have been in discussion with our freeholder after having a valuation on our studio flat in Y Felinheli. We have a fivety six year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I own the freehold reversion of a property in Y Felinheli where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My surveyor has put forward a much higher amount. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to incur?
  • I have 61 years remaining on my lease of a ground floor flat in Y Felinheli, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I am currently negotiating a lease extension for my flat in Y Felinheli 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?

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