Sample questions relating to Cottingham Lease Extensions

  • So this is the scenario: I bought a garden flat in Cottingham that I am finding difficult to sell as a result of the lease requiring a lease extension. What's your legal fee ?
  • Hello, I just randomly found this site. I'm seeking prices on what it cost to extend a lease of a one bedroom apartment located in Cottingham. It's up for sale at the moment but has slightly more than 59 years left on the lease
  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 798 years balance left so a lease extension is not required. 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any feedback would be much appreciated.
  • I have contacted my freeholder for a lease extension for my flat in Cottingham. His has been in contact with fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started June 1985.
  • I am looking into the costs of carrying out a lease extension for my studio flat in Cottingham, and would like some figures on that.
  • I am a first time buyer of a leasehold flat in Cottingham. The lease has just sixety two years remaining and ground rent is £25. Is it possible for the current owner to serve the Section 42 Notice and then assign over the right to me as the buyer on the day of completion so that I can avoid waiting 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 is legal but will it be very time costly to the owner? To add to the complexity the landlord can not be found, so I am not sure how this will play out.
  • I am planning to extend the lease on my studio flat in Cottingham I am looking for help to verify 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.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost including value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my ground floor flat in Cottingham
  • My wife and I are are hoping to complete on a ground floor flat in Cottingham which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced extending the lease. The owner has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must be patient pending registration of the new lease?
  • We are hoping to purchase a home (a one bed flat located inCottingham with share of freehold). Throughout our search, we were always looking at properties that had a minimum ninety years balance left. We found a flat we liked and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our advised us the lease only has 54 years and therefore requires a lease extension. Should we run away, or should we reduce our offer?

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