Lease Extensions in Cottesmore

Sample questions relating to Cottesmore Lease Extensions

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has seventy four years left.

I have contacted my freeholder for a lease extension for my flat in Cottesmore. His has been in contact concerning fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started January 1992.

I plan on buying a flat located in Cottesmore. My offer is conditional upon a lease extension. The vendor’s 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?

I will soon view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 66 years residual lease term on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?

I have a share of the freehold. There are three flats in the block. All the leaseholders are now looking for lease extensions. What's your solicitors fee?

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 one years. I need a at my end. Can you advise please? I live near Cottesmore and have a mortgage with Coventry Building Society.

My fiance and I would like to know the cost of a lease extension valuation for a property based in Cottesmore. Would you be able to help?

Coming up to two years that I have owned my one bedroom apartment in Cottesmore. I have 66 years outstanding on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Cottesmore based or any will do fine?

Are you able to provide an estimate to extend my mum’s lease on a garden flat in Cottesmore. She recently got a figure from the freeholder for a lease extension but I am not sure it is too expensive.

We currently own a maisonette in Cottesmore 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 79 years left. Not sure what to do, have read some bits on the web saying it will be 20k 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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