Cheddar Lease Extensions Example Support Desk Enquiries

  • My name´s Aaron. I’m flat hunting in Cheddar I'm seeing a garden flat online, with just over seventy two years outstanding, how much will it likely cost to get a lease extension by, say, ninety years?
  • I have shares in the freehold of 2 blocks of flats comprising of six flats each. Two of the leasehold owners want a lease extension and I'm enquiring about the procedure for this
  • I need to extend my current lease can you assist? My investigation with the Land Registry reveal that it has 58 years unexpired
  • I purchased a garden flat based in Cheddar with a leasehold unexpired of 64 years. I am wondering about what I will need to spend to extend my lease term
  • Possibly made a mistake, I am searching for a in Cheddar who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can assist me with?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Cheddar and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Nottingham Building Society to free up equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease began in 1981 and since then the ground rent has increased from £38.00 per year to £125 per year.
  • Re a residence in Cheddar. lower maisonette. sixety eight yrs remaining. I have an agreed lease extension to £14k for 115yrs. Landlord also requested Initial Notice which I think is a tad over the top. Advice required.
  • We have a leasehold flat in Cheddar with seventy three years left. Ten months ago we were quoted a deal to grant a lease extension for another thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 16k. Finally we have decided to go ahead but do we now have to start the negotiations again?
  • My leasehold flat in Cheddar is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want to extend the lease. How much will it likely cost to extend in this location by, say,45 years
  • Me and my partner are hoping to acquire a home (a ground floor flat inCheddar with share of freehold). During our search, we were always looking at properties that had a minimum eighty five years remaining. We came across a apartment we liked and the selling agent assured that the lease term was not an issue. Today our informed us the lease only has fivety seven years and thus needs a lease extension. Do we run away, or do 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?

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