Questions and Answers: Chipping Sodbury Lease Extensions

  • My name´s Thomas. I’m house hunting in Chipping Sodbury I'm seeing a garden flat online, with nearly fivety nine years left, how much does it cost on average to get a lease extension by, say, 25 years?
  • I need to extend my existing lease can you assist? I think it has 62 years remaining
  • I am looking to purchase a garden flat in Chipping Sodbury with a lease of 72 years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I acquired a maisonette in Chipping Sodbury. The start date for the lease was in 1997 for 99 years. Now I am looking to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • We are selling our one bedroom apartment in Chipping Sodbury but we may need a lease extension, or possibly cover the expense of our buyers. Are you able to help me find a conveyancers to assist?
  • I am looking to either purchase the freehold or a lease extension of my property in Chipping Sodbury and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Accord Mortgages Ltd to free up equity. My adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease commenced in 1991 and since then the ground rent has increased from £25.00 per year to £200 per annum.
  • Me and my husband are considering purchasing a one bedroom apartment in Chipping Sodbury which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • I would like some help on purchasing a leasehold residence. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Chipping Sodbury area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • My and my fiance know that others in the same building had already had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal valuation 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?
  • We currently own a ground floor flat in Chipping Sodbury and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety five years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
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    Lease Extensions in Chipping Sodbury

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