Lease Extensions in Cottesmore

Frequently asked questions relating to Cottesmore Lease Extensions

I bought a property in Cottesmore and it has circa 56 years outstanding. I'd like to arrange a lease extension by twenty years

I need to extend my current lease can you assist? My investigation with the Land Registry reveal that it has sixety seven years remaining

We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 899 years residual lease term so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any information would be much appreciated.

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I'm considering buying a garden flat (leasehold) but the landlord has been absent for just under 15yrs. I wonder whether it will be less expensive to try to buy the freehold or to get a lease extension and apply for right to manage?

We acquired a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Cottesmore and looking to do a vesting order. Is this something you can handle for us?

Are you able to advise on the likely charges and the best way to start the lease extension process? I have nearly 68 years remaining and I own a maisonette in Cottesmore.

I am thinking about purchasing an auction property and came upon a studio flat in Cottesmore. It has just 49 year lease..the current owner as mortgagees in possession dont want to mess around with negotiating a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of obtaining a mortgage with TSB?

I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy four years. I need a property lawyers at my end. Can you advise please? I live near Cottesmore and have a mortgage with Lloyds TSB Bank.

Hi I am the freeholder reversion in a 2 bedroom flat in Cottesmore. The leaseholder has a 78 year lease and would like to purchase another 90 years. She is offering me £27,000 but I am unsure if this is in the right ballpark

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