Lease Extensions in Bampton

Examples of recent questions relating to Lease Extensions in Bampton

I acquired a studio flat in Bampton that I am now unable to sell due to the lease requiring a lease extension. Are you willing to help me with this situation ?

We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years outstanding so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any help would be much appreciated.

I am the owner of a maisonnette together with the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?

I have contacted my freeholder for a lease extension for my flat in Bampton. His has been in contact concerning fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started Septembmer 1992.

We bought a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Bampton and are therefore deliberating the option of a vesting order. Is this something you can help us with?

I own a leasehold apartment in Bampton. I have built a huge extension and have not informed my leaseholder. What are my options?

We would like to extend our lease. We will have been in the apartment for two years as of 21st March 2015. It has around 66 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.

I'm living with my mother and father but have a garden flat in Bampton let out which has a 79 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 Bampton 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?

Just a quick one, how much does it cost for a lease extension on a residential property in Bampton for a three bed flat - section 42 having been issued?

I am currently negotiating a lease extension for my flat in Bampton 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?

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