FAQs concerning Bude Lease Extensions

  • I have got a leasehold flat in the Bude area and was enquiring whether I could get a lease extension. What are your processes and fees. Has 67 years remaining
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Bude, and my lease will reach 73 years this June. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I am looking into the costs of carrying out a lease extension for my maisonette in Bude, and would like some figures on that.
  • Is it possible to talk with you about a flat in Bude, I am considering bidding at auction in the next few days. The flat only has a few years unexpired lease and I am curious about how much it would cost to get a lease extension and for your services.
  • Last year I purchased a leasehold flat in Bude. I have built a huge extension and have not informed the freeholder. What are my options?
  • We have a leasehold flat in Bude with sixety four years to run. Last year we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from nominal to £200 per year..plus a premium I think of about 10k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • I own the freehold of a 2 bedroom flat in Bude. The leaseholders have sixety seven years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • Are you able to provide an estimate to extend my aunt’s lease on a two bedroom first floor purpose built maisonette in Bude. She already has a figure from the landlord for a lease extension but I am unclear whether it is too expensive.
  • I am currently negotiating a lease extension for my flat in Bude 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Bude
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    Lease Extensions in Bude

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