FAQs concerning Frenchay Common Lease Extensions

  • I own a three bedroom second floor purpose built flat in Frenchay Common. The lease started in 2001 for 99 years. Now I am looking 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 will soon view a one bedroom apartment, although not exactly my dream 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 fivety four years left on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I own a share of the freehold. There are three flats in the block. All the leaseholders are now seeking lease extensions. Are you willing to help us with this situation?
  • I am in need of a lease extension for my flat in Frenchay Common and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am looking to buy a one bed flat in Frenchay Common for asking price of 125k, which has fivety seven years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My father has a share of freehold, with two other leaseholders in a building in Frenchay Common. House divided into three apartments. He has a lease, which has around seventy seven years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I own the freehold reversion of a property in Frenchay Common and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to face?
  • I'm seeking some advice concerning extending the lease on my flat. The intention is to do this sometime next year as we must 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 LVT route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I require an estimate to extend my mum’s lease on a one bedroom ground floor purpose built maisonette in Frenchay Common. She already has a price from the landlord for a lease extension but I am not sure it is reasonable.
  • I am currently negotiating a lease extension for my flat in Frenchay Common as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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