Bourton on the Water Lease Extensions: Q and A’s

  • I’m seeking a lease extension for our apartment based in Bourton on the Water and we are confused by the letter that we received from our freehold company. How long will it take?
  • Hi, I stumbled across this site. I'm seeking prices on what it cost to extend a lease of a one bed flat in Bourton on the Water. It's up for sale at the moment but has nearly seventy eight years left on the lease
  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm curious about the the process
  • 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 invested in buying a garden flat in Bourton on the Water. The start date for the lease was in 2001 for 99 years. Now I am wanting to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • We are in a building consisting of five flats in Bourton on the Water and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I need to talk to you about a flat in Bourton on the Water, I am thinking of bidding at auction in the next few days. The flat only has a few years outstanding and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • 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?
  • I'm looking at purchasing an apartment in Bourton on the Water at a price of £210,000 the flat has something like fivety seven years remaining on the lease. My offer was subject to a lease extension... .. that was back in June, hoping I'd have moved in before Christmas. The seller has just come back saying they are willing to reduce the price by£8k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • I am the registered freeholder to two flats. Someone has the lease on the ground flat in Bourton on the Water. I occupy in the top flat. I was looking at the title deeds today when I noticed that my flat is leasehold. There is sixety two years balance left. If I want a lease extension then would I just be paying for the solicitors costs?
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    Lease Extensions in Bourton on the Water

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