Bridgwater Lease Extensions

Bridgwater Lease Extensions Example Support Desk Enquiries

I have an interest in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want to extend their leases and I'm curious about the the process

We hope to sell our one bedroom apartment in Bridgwater but we may need to extend the lease, or possibly cover the expense of our buyers. Are you able to help me find someone to assist?

I am a FTB of a leasehold flat in Bridgwater. The lease has just fivety five years residual lease term and ground rent is £50. Is it possible for the current owner to serve the Section 42 Notice and then transfer over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the two year requisite 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 homeowner? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.

I am thinking about acquiring an auction property and came upon a studio flat in Bridgwater. It only has a 41 year lease..the current owner as mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this other than the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Barclays ?

My partner and I have a residential flat in Bridgwater with sixety two years to run. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from notional to £300 per year..plus a premium I think of about 14k. Finally we have decided to proceed but do we now have to renegotiate?

I do not need a lease extension but I do need a vesting order on a property I want to acquire in Bridgwater. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.

I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my studio flat in Bridgwater

Just a quick one, how much are the legal fees for a lease extension on a residential property in Bridgwater for a one bed flat - sec 42 having been issued?

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

Do you handle lease extensions on land? (a plot of land in Bridgwater with 82yrs remaining)

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