Axbridge Lease Extensions

Sample questions relating to Axbridge Lease Extensions

My fiance and I are thinking about a lease extension for our apartment in Axbridge and we are confused by the communication that we received from our freehold company. What's your solicitors fee?

I’m about to offer on a studio flat to buy in the Axbridge area and was after more information on what the likely fees would be to extend a lease? It has fivety five years left...

Hello. I need a to review my lease extension ahead of it being signed just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor changes.

I am the owner of a maisonnette and the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?

I am about to view a two bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 78 years balance left on the lease. It is also a repo so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?

I have a share of the freehold. There are five apartments in the building. All the leaseholders are now requiring lease extensions. What are the timescales to grant a lease extension?

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

I'm living with my mum and dad but have a maisonette in Axbridge let out which has a 75 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 Axbridge 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 13k. Should I keep or sell the flat?

If somebody owns a flat with a lease of under 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?

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