Top Ten Questions relating to Burbage Lease Extensions

  • Hello, I stumbled across this site. I'm seeking prices on what it cost to extend a lease of a three bed apartment located in Burbage. It's up for sale at the moment but has about fivety seven years left on the lease
  • We purchased a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Burbage and are therefore considering the option of a vesting order. Is this something you can help us with?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Burbage and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Platform Home Loans Ltd to release of equity. The broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease started in 1979 and since then the ground rent has increased from £25.00 per annum to £300 per year.
  • My wife and I have a one bedroom flat based in Burbage. There is 80 years remaining on the lease and we want to extend the lease. How much will it likely cost to extend in this area by, say,25 years
  • Me and my husband are considering buying a one bedroom apartment in Burbage which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I'm living with my mum and dad but have a garden flat in Burbage let out which has a seventy nine year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Burbage for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my garden flat in Burbage
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Burbage. I live in the top flat. I was reviewing the title deeds last night when I noticed that my flat has a lease on it. There is 69 years unexpired. If I want to do a lease extension then would I just be paying for the charges?
  • We know that others in the same building had already had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest such a course of action?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Burbage
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Burbage