Recently asked questions relating to Forest of Dean Lease Extensions

  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety two years balance left.
  • I am the owner of a maisonnette and the freehold reversion. My upstairs neighbours have asked to extend the lease what do I need to do?
  • We bought a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Forest of Dean and looking to do a vesting order. Is this something you can help us with?
  • Is it possible to talk with you about an apartment in Forest of Dean, I am thinking of buying at auction next month. The flat only has a few years unexpired lease and I was wondering about what it would cost to get a lease extension and for your services.
  • I am about to view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 71 years residual lease term on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • Are you able to advise on the likely charges and the best way to get a lease extension started? I have slightly more than seventy four years remaining and I own a maisonette in Forest of Dean.
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a one bedroom apartment in Forest of Dean, where the lease is nearly 54 years but she was advised by the selling agents that the seller had extended it to 125 years. She has now been told the flat owner was holding off for her to appoint lawyers ahead of instigating the lease extension. Sounds unscrupulous, also it could take a while to sort it all out. What do you think?
  • I an interested in finding out more about leasehold property buying. We plan 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 Forest of Dean area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I own the freehold of a three bedroom flat in Forest of Dean. The leaseholders have 61 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • My fiance and I are hoping to acquire a property (a one bedroom first floor purpose built flat located inForest of Dean with share of freehold). Throughout our search, we were always looking at apartments that had at least ninety years outstanding. We identified a flat we fell in love with and the selling agent promised us that the lease term was not an issue. Yesterday our solicitors told us the lease only has 72 years and therefore requires a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
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    Lease Extensions in Forest of Dean

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