Common questions relating to Bromyard Lease Extensions

  • So this is the scenario: I invested in buying a maisonette in Bromyard that I am now unable to sell due to the lease requiring a lease extension. How long will it take ?
  • 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 928 years unexpired so a lease extension is not required. 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 correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any help would be much appreciated.
  • I bought a garden flat in Bromyard. The lease commenced in 1992 for 99 years. Now I am wanting for a lease extension. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • My husband has a share of freehold, with two other leaseholders in a building in Bromyard. House divided into three flats. He has a lease, which has approximately 75 years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I am planning to extend the lease on my one bed flat in Bromyard I am looking for a local company to calculate the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a Georgian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety seven years. What are my next steps?
  • My partner 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?
  • I'm looking at purchasing an apartment in Bromyard valued at £195,000 the flat has just under 65 years left on the lease. I put in an offer conditional upon a lease extension... .. that was back in June, hoping I'd be in before now. The seller has just informed me they'll knock £3k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • We are hoping to buy a property (a garden flat based inBromyard with share of freehold). During our search, we were always looking at flats that had a minimum eighty five years unexpired. We came across a apartment we fell in love with and the estate agent promised us that the lease term was not an issue. Today our informed us the lease only has seventy one years and therefore needs a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • Do you handle lease extensions on land? (a plot of land in Bromyard with 82yrs remaining)

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