Frampton Cotterell Lease Extensions: Q and A’s

  • I would like to have my residential flat leasehold extension premium valued. The flat is in Frampton Cotterell, and my lease will reach 65 years this December. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • We are in a building made up four flats in Frampton Cotterell and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I'm looking for a flat to buy in Frampton Cotterell and I'm not really familiar with the leasehold concept. I've identified a 2 bed flat I like with a 82 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Is this a given?
  • I will soon view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy seven years unexpired on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • My mortgage lender requires a £450 fee for their to approve the lease extension deed for my flat in Frampton Cotterell... I am unable to find any mention of this in my mortgage literature... is this a standard cost that they charge?
  • My apartment in Frampton Cotterell is up for sale and I have a hopefully firm offer. There is 82 years remaining on the lease and I want a lease extension. What does it cost on average to extend in this location by, say,ninety years
  • We wish to extend our lease having owned the property for two years as of 22nd Feb 2015. It has around seventy one years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
  • I am the freeholder of a Victorian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 64 years. What are my next steps?
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I'm seeking some help with regard to extending the lease on my flat. I'll be looking to do this sometime next year as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?

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