Top Ten Questions relating to Cottingham Lease Extensions

  • We agreed with the freeholder for a lease extension on our flat located in Cottingham, 6.5k for another 90yrs. How long will it take ?
  • I purchased a flat in Cottingham with a leasehold unexpired nearly 55 years and need to extend it. Please can you clarify the next steps
  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leaseholders want to extend their leases and I'm enquiring about the procedure for this
  • The terms for the lease on my apartment in Cottingham are 95 years from 14 Dec 1988. Please provide me a quote to extend the lease if I give you more specifics please?
  • I would like to know the likely financials and the best way to start the lease extension process? I have around 74 years remaining and I own a two bedroom first floor purpose built maisonette in Cottingham.
  • I am looking to extend the lease on my three bed flat in Cottingham I am looking for a local company to calculate the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • My wife and I would like to know the cost of a lease extension valuation for a property based in Cottingham. Would you be able to help?
  • I am the freeholder of a property in Cottingham and a leaseholder has requested a lease extension. Her valuer has given a figure of £8,000, but has increased this to £10,000 without too much effort. My surveyor has suggested a much higher amount. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • I am planning on remortgaging my one bedroom apartment in Cottingham and the next lender that I am looking to move to requires a minimum 80 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around 54 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • I am currently negotiating a lease extension for my flat in Cottingham as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Cottingham

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