Top Ten Questions relating to Bruton Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leaseholders want to extend their leases and I'm wondering about the procedure for this
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 78 years unexpired.
  • I plan on buying a flat located in Bruton. The offer is conditional upon a lease extension. The flat owner’s property lawyers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays . Moreover, which are the following lease extension steps to complete the purchase?
  • We bought a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Bruton and looking to do a vesting order. Is this something you can do for us?
  • I am a FTB of a leasehold flat in Bruton. The lease has just 79 years left and ground rent is £50. Is it possible for the vendor to serve the Section 42 Notice and then assign over the right to me as the buyer on the day of completion so that I don't have to wait for the two 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 may be possible but will it be very time costly to the owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.
  • My partner and I have a one bedroom flat located in Bruton. There is 80 years remaining on the lease and we want to extend the lease. How much will it likely cost to get a lease extension by, say,ninety years
  • My husband and I are considering purchasing a garden flat in Bruton which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I have a flat in Bruton with sixety five years left on the lease. I need a solicitors to act for me to get a lease extension. Can you assist?
  • My colleague is worried about seeking a lease extension from tricky freeholder. Notwithstanding that the correct procedures were followed under the 1993 Act, the freeholder still attempted to charge ground rent of £200 doubling every twenty years of the new lease. Can you assist?
  • I have a lease of 61 years remaining on my flat in Bruton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Bruton

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