Recently asked questions relating to Cudworth Lease Extensions

  • I am looking to buy a two bedroom ground floor purpose built flat in Cudworth with a lease of seventy four 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.
  • 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 acquired a garden flat in Cudworth. The lease commenced in 2001 for 99 years. Now I am looking to extend the lease. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • I am a first time buyer of a leasehold flat in Cudworth. The lease has just 76 years remaining and ground rent is £50. Is it possible for the seller to serve the Initial Notice and then transfer over the right to me as the buyer on the day of completion so that I don't have to wait for the 2 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 may be possible but will it be very time costly to the seller? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.
  • I am looking for advice as I am interested in a property that has only a 60 year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 68 years. I need a at my end. Can you advise please? I live near Cudworth and have a mortgage with Skipton Building Society.
  • I am the freeholder of a Edwardian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy one years. What are my next steps?
  • I require an estimate to extend my aunt’s lease on a ground floor flat in Cudworth. She already has a figure from the freeholder for a lease extension but I am far from certain if it is too expensive.
  • We currently own a studio flat in Cudworth 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 62 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?

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