Bishops Cleeve Lease Extension - Your Legal Fees Calculator
Questions and Answers: Bishops Cleeve Lease Extensions
I’m just looking for a ground floor flat to buy in the Bishops Cleeve area and was wondering how much would it cost for a lease extension? It has 72 years remaining...
I have a lease of 64 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I am deliberating whether to purchase the freehold or a lease extension of my property in Bishops Cleeve and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Platform Home Loans Ltd to free up equity. The adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease began in 1979 and since then the ground rent has increased from £38.00 per year to £125 per annum.
I have a leasehold apartment in Bishops Cleeve. I have built a huge extension and have not informed the freeholder. What are my options?
We are considering purchasing a garden flat in Bishops Cleeve which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
I am looking for advice as I am interested in a property that has only a 59 year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?
I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 57 years. I need a conveyancers at my end. Can you advise please? I live near Bishops Cleeve and have a mortgage with Skipton Building Society.
I'm intent on buying an apartment in Bishops Cleeve at a price of £210,000 the flat has approaching sixety years left on the lease. I put in an offer subject to the lease being renewed... .. that was back in June, hoping I'd have completed before now. They have just informed me they'll knock £5k off if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
We are hoping to purchase a flat (a garden flat based inBishops Cleeve with share of freehold). During our search, we were always looking at apartments that had a minimum eighty five years unexpired. We identified a apartment we liked and the selling agent assured that the lease was long albeit not specifying a number. This morning our conveyancers informed us the lease only has 74 years and thus needs a lease extension. Do we run away, or should we negotiate our offer?
I am currently negotiating a lease extension for my flat in Bishops Cleeve 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?