Top Ten Questions relating to Downend Lease Extensions

  • I own a leasehold flat in the Downend area and was wondering if I could obtain a lease extension. What are your processes and charges. There are fivety five years remaining
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 69 years outstanding.
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years remaining 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.
  • I am the registered owner of a garden flat based in Downend with a leasehold unexpired of seventy three years. I am wondering about how much it will cost me to extend my leasehold
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Downend, and my lease will reach 79 years this August. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Downend, and would like some figures on that.
  • What will I need to spend and what is the best way to get a lease extension started? I have around sixety three years left on my lease on a ground floor flat in Downend. I have called the agent who represent the freeholder and they gave me the number of the surveyor. I have contacted the surveyor but I am not getting any kind of reaction.
  • I am in need of a lease extension for my flat in Downend and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • Coming up to 2 years that I have been in my one bedroom second floor purpose built flat in Downend. I have seventy four yrs outstanding on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 320K, 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • I'm looking at acquiring a flat in Downend at a price of £210,000 the flat has approximately fivety five years left on the lease. I put in an offer subject to a lease extension... .. that was back in November, expecting I'd have moved in before Christmas. They have just come back saying they'll knock £5k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
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    Lease Extensions in Downend

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