Frequently asked questions relating to Bidford On Avon Lease Extensions

  • I agreed with the landlord to a lease extension on our flat based in Bidford On Avon, 9.5k for an additional 90yrs. Are you able to guide us with this situation ?
  • I am looking to extend the lease on my maisonette in Bidford On Avon which will have 54 years unexpired lease in January. What fees apply?
  • I have contacted my freeholder to extend my lease for my flat in Bidford On Avon. His has been in contact concerning costs 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 March 1992.
  • I own a one bed flat in Bidford On Avon. I am looking for a lease extension on the property. It is circa eighty years. I would just like to know what your charges are and how long the process takes.
  • I am looking to either purchase the freehold or a lease extension of my property in Bidford On Avon and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Halifax to free up equity. My broker handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease began in 1979 and since then the ground rent has increased from £25.00 per annum to £300 per year.
  • I'm looking for a flat to purchase in Bidford On Avon and I'm not really familiar with the leasehold arrangement. I've identified a place I like with a 91 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Is this a given?
  • What will it cost me and what is the best way to start the lease extension process? I have just over seventy one years outstanding on my lease on a garden flat in Bidford On Avon. I have contacted the managing agents who act on behalf of the landlord and they sent me the number for the valuer. I left a phone message for the valuer but I am not receiving any calls back.
  • My mortgage lender requires a £500 fee for their to approve the lease extension deed for my flat in Bidford On Avon... I am unable to find any mention of this in my mortgage guide... is this a standard charge?
  • My husband and I are in the throws of buying a flat (a studio flat located inBidford On Avon with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years balance left. We found a apartment we liked and the estate agent assured that the lease term was not an issue. This morning our told us the lease only has fivety eight years and therefore requires a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I have a lease of 67 years remaining on my flat in Bidford On Avon. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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