Cudworth Lease Extensions

Cudworth Lease Extensions Example Support Desk Enquiries

So this is the scenario: I bought a 2 bed apartment in Cudworth that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?

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 own a maisonette in Cudworth. The start date for the lease was in 1998 for 99 years. Now I am looking to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?

I am deliberating whether to purchase the freehold or a lease extension of my property in Cudworth and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Barclays Direct to release of equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease started in 1979 and since then the ground rent has increased from £25.00 per annum to £300 per annum.

I own a share of the freehold. There are three apartments in the building. All the leaseholders are now seeking lease extensions. Are you willing to help us with this situation?

I am looking for advice as I am interested in a property that has only a 55 year lease and therefore requires a lease extension. Can I call someone to discuss my options please?

I an interested in finding out more about purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Cudworth area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?

Me and my OH would like to know the cost of a lease extension valuation for a property based in Cudworth. Would you be able to help?

Coming up to two years that I have been in my maisonette in Cudworth. I have seventy six years outstanding on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?

I have 67 years remaining on my lease of a ground floor flat in Cudworth, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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