Sample questions relating to Cotswolds Lease Extensions

  • I plan on buying a flat in Cotswolds. My offer is subject to the lease extension. The homeowner’s conveyancers has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Nottingham Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • Possibly made a mistake, I am seeking a solicitors in Cotswolds who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
  • The terms for the lease on my flat in Cotswolds are 101 years from 14 Jan 1990. Can you give me a quote to extend the lease if I give you more details please?
  • I inherited a garden flat in Cotswolds. I am looking to extend lease on the property. It is approximately 80 years. I would just like to know what your charges are and how long the process takes.
  • I am a first time buyer of a leasehold flat in Cotswolds. The lease has only fivety seven years unexpired and ground rent is £25. Is it possible for the current owner to serve the Initial Notice and then assign this right to me as the purchaser on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the current owner? Unfortunately the freeholder is absent, so I am not sure how this will play out.
  • I have my suspicions that my daughter is being hoodwinked. She submitted an offer on a three bed flat in Cotswolds, where the lease is nearon 74 years but she was told by the selling agents that the vendor had extended it to 125 years. Only now has she been informed the seller was waiting for her to instruct conveyancers prior to commencing with the lease extension. Sounds devious, also it could take a while to sort it all out. Am I being too sceptical?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I commence the process, is this correct?
  • I'm living at mother and father but have a garden flat in Cotswolds let out which has a sixety 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 Cotswolds 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 21k. Should I keep or sell the flat?
  • My OH and I have been in discussion with our freeholder after having a valuation on our one bed flat in Cotswolds. We have a 77 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Hello I own the freehold interest in a one bedroom flat in Cotswolds. The leaseholder has a 71 year lease and would like to purchase further 90 years. He is offering me £21,000 but I am unsure if this is in the right ballpark
  • Other Topics

    Lease Extensions in Cotswolds

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