FAQs concerning Avonmouth Lease Extensions

  • We are looking for lease extension for our ground floor flat in Avonmouth and we don't fully comprehend the letter that we got from our landlord company. How long will it take?
  • 35k agreed with the landlord’s agents, just attempting to find a Avonmouth for a lease extension. Our lease has approximately 70 yrsoutstanding. How long will this take ?
  • I have just bought a ground floor flat located inAvonmouth and I'm deliberating a lease extension as soon as possible e.g. after two years
  • I own a leasehold flat in the Avonmouth area and was curious if I could obtain a lease extension. What are your processes and fees. Has sixety eight years unexpired
  • I am looking for a in Avonmouth and they should be on the Coventry Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Are you able to recommend a ?
  • 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 plan on buying a flat in Avonmouth. My offer is subject to the lease extension. The vendor’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • My partner and I have a residential flat in Avonmouth with seventy seven years remaining. Ten months ago we were quoted a deal to grant a lease extension for a further fifty years but also increase ground rent from notional to £250 per year..plus a premium I think of approximately 10k. We have now decided to proceed but do we now have to start the negotiations again?
  • 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 extending the lease?
  • We currently own a studio flat in Avonmouth 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 73 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?

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