Questions and Answers: Bromyard Lease Extensions

  • We agreed with the landlord to a lease extension on our flat located in Bromyard, 11.5k for a further 90yrs. How long will it take ?
  • My name´s Gabriel. I’m property hunting in Bromyard I'm deliberating offering on a three bed flat online, with approximately 69 years unexpired lease, how much will it likely cost to get a lease extension by, say, 45 years?
  • Hello, I just randomly found your website. I'm seeking prices on what a lease extension will cost for a one bedroom apartment in Bromyard. It's up for sale at the moment but has nearon seventy eight years left on the lease
  • We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any information would be much appreciated.
  • I own a leasehold apartment in Bromyard. I have built a large extension and have not informed the leaseholder. What should I do?
  • I am a first time buyer of a leasehold flat in Bromyard. The lease has only sixety seven years residual lease term and ground rent is £75. Is it possible for the current owner to serve the Initial Notice and then assign over the 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 consuming to the homeowner? To add to the complexity it’s the case of an missing freeholder, so I am not sure how this will play out.
  • I am considering bidding for an auction property and identified a two bed flat in Bromyard. It has just 41 year lease..the current owner being mortgagees in possession dont want the aggravation of seeking a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Skipton Building Society?
  • My husband and I would like to know the cost of a lease extension valuation for a property based in Bromyard. Is this something you can assist us with?
  • 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 doing it?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Bromyard for a one bed flat - sec 42 having been issued?
  • Other Topics

    Lease Extensions in Bromyard

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Bromyard