Top Ten Questions relating to Bowness On Windermere Lease Extensions

  • Me and my wife are looking for lease extension for our apartment in Bowness On Windermere and we are confused by the letter that we got from our landlord company. How long will it take?
  • I have an interest in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want a lease extension and I'm curious about the procedure for this
  • I have a leasehold flat in Bowness On Windermere. I have built a huge extension and have not informed the freeholder. What should I do?
  • I am a first time buyer of a leasehold flat in Bowness On Windermere. The lease has only sixety three years outstanding and ground rent is £75. Is it possible for the current owner to serve the Section 42 Notice and then assign this right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the seller? Unfortunately the freeholder can not be found, so I am not sure how does it work.
  • My apartment in Bowness On Windermere is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want to extend the lease. How much will it likely cost to extend in this area by, say,25 years
  • I'm living with my parents but have a garden flat in Bowness On Windermere let out which has a 61 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 Bowness On Windermere 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 21k. Should I keep or sell the flat?
  • I'm looking at purchasing a flat in Bowness On Windermere at a price of £210,000 the flat has just under 73 years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in November, expecting I'd have completed by Christmas. The seller has just come back saying they'll knock £5k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • I am currently negotiating a lease extension for my flat in Bowness On Windermere 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bedroom second floor purpose built flat in Bowness On Windermere
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Bowness On Windermere
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    Lease Extensions in Bowness On Windermere

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