Questions and Answers: Cottenham Lease Extensions

  • I inherited a property in Cottenham and it has slightly more than sixety nine years left. I'd like to extend the lease period
  • I am looking at investing in a holiday home but it has a lease that expires in twenty years. Its in Cottenham - I wanted to see if with your services it is possible for this to be extended?
  • I own a one bedroom apartment in Cottenham with a leasehold unexpired of sixety one years. I am wondering about what it will cost me to extend my lease term
  • I am looking to purchase a one bedroom apartment in Cottenham with a lease of sixety five years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I am about to view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 62 years remaining on the lease. It is also a repossession so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am planning to extend the lease on my studio flat in Cottenham I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm living at parents but have a one bedroom apartment in Cottenham 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 Cottenham 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?
  • We are hoping to purchase a property (a studio flat inCottenham with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 84 years left. We found a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. Yesterday our informed us the lease only has 66 years and thus requires a lease extension. Do we walk away, or should 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?
  • I have 77 years remaining on my lease of a ground floor flat in Cottenham, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Cottenham