Common questions relating to Cawthorne Lease Extensions

  • My fiance and I are looking for lease extension for our garden flat in Cawthorne and we are confused by the communication that we received from our freehold company. How long will it take?
  • I have an interest in the freehold of buildings comprising of 8 flats each. 2 of the leasehold owners want to extend their leases and I'm curious about the procedure for this
  • I want to purchase a leasehold property and lease extension. The homeowner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 74 years remaining.
  • I'm considering buying a garden flat (leasehold) but the freeholder has been absent for around 15yrs. I wonder whether it will be cheaper to try to purchase the freehold or to get a lease extension and apply for right to manage?
  • I have my suspicions that my niece might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Cawthorne, where the lease is about sixety three years but she was told by the estate agents that the homeowner had extended it to 99 years. Only now has she been told the seller was holding off for her to appoint solicitors prior to commencing with the lease extension. Seems unscrupulous, also it could take a while to sort it all out. What do you think?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety nine years. I need a at my end. Can you advise please? I live near Cawthorne and have a mortgage with Aldermore.
  • I'm intent on acquiring a flat in Cawthorne valued at £195,000 the flat has something like 56 years remaining on the lease. My offer was subject to a lease extension... .. that was back in September, expecting I'd have completed before Christmas. The owner has just informed me they are willing to knock £5k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Cawthorne. I live in the top flat. I was reviewing the title deeds last night when I noticed that my flat is leasehold. There is seventy five years balance left. If I want a lease extension then would I simply be paying for the charges?
  • I am currently negotiating a lease extension for my flat in Cawthorne 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?

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