Sample questions relating to Dursley Lease Extensions

  • I bought a studio flat in Dursley. The lease started in 2001 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am concerned that my daughter might have had the wool pulled over her eyes. She put in an offer on a maisonette in Dursley, where the lease is about 70 years but she was informed by the estate agents that the vendor had extended it to 125 years. She has now been advised the vendor was waiting for her to retain conveyancers prior to commencing with the lease extension. Sounds underhand, also it will take months to sort it all out. Am I reading too much into it?
  • My mortgage provider requires several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Dursley... I am unable to find any mention of this in my mortgage booklet... is this a standard fee to pay?
  • My partner and I have a ground floor flat in Dursley with 72 years to run. Ten months ago we were quoted a deal to have a lease extension for a further fifty years but also uplift the ground rent from nominal to £300 per annum..plus a premium I think of approximately 14k. We have now decided to move forward but do we now have to renegotiate?
  • We would like to extend our lease. We will have been in the apartment for two years as of 1st April 2015. It has slightly less than sixety eight years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
  • 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 an interested in finding out more about leasehold property buying. We are going to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Dursley area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • My partner and I have been in discussion with our freeholder after having a valuation on our garden flat in Dursley. We have a sixety year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • My and my fiance know that others in the same building previously had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
  • I am planning on remortgaging my one bedroom apartment in Dursley and the mortgage company that I am looking to move to requires a minimum 85 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around fivety nine years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Dursley