Frequently asked questions relating to Bromyard Lease Extensions

  • 35k agreed with the freeholder, just seeking to find a Bromyard lawyers for a lease extension. Our lease has around seventy nine yearsunexpired lease. What's your solicitors fee ?
  • I’m about to offer on a three bedroom ground floor purpose built maisonette to purchase in the Bromyard area and was after more information on how much would it cost to extend a lease? It has sixety seven years unexpired...
  • I own a leasehold flat in the Bromyard area and was curious if I could obtain a lease extension. What are your processes and charges. There are 60 years remaining
  • I own a maisonnette together with the freehold. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • We are selling our maisonette in Bromyard but we may need a lease extension, or possibly cover the costs of our buyers. Are you able to suggest a solicitors to assist?
  • I'm looking for an apartment to buy in Bromyard and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom apartment I like with a 87 years lease. My research reveals that I can go for a lease extension after a couple of years, but:- Should I anticipate any issue with the mortgage?
  • I am considering acquiring an auction property and came upon a studio flat in Bromyard. It has just 48 year lease..the current owner being mortgagees in possession will not 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 reduced chance of getting a mortgage with TSB?
  • Hi I own the freehold interest in a 2 bedroom flat in Bromyard. The leaseholder has a seventy nine year lease and would like to purchase an additional 90 years. He is offering me £27,000 but I am unsure if this is a correct amount
  • I'm looking at buying an apartment in Bromyard at a price of £256,000 the flat has something like 72 years remaining on the lease. My offer was conditional upon the lease being extended... .. that was back in June, hoping I'd have completed by Christmas. They have just informed me they'll reduce the price by£7k if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • I am currently negotiating a lease extension for my flat in Bromyard 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?
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    Lease Extensions in Bromyard

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