Frequently asked questions relating to Friday Hill Lease Extensions

  • My wife has an apartment located in Friday Hill which we have just put on the market. The leasehold has nearly fivety six years remaining on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.
  • I am looking to purchase a one bedroom apartment in Friday Hill with a lease of 67 years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I am looking to either purchase the freehold or a lease extension of my property in Friday Hill and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Aldermore to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease commenced in 1981 and since then the ground rent has increased from £38.00 per year to £200 per annum.
  • I'm looking for an apartment to purchase in Friday Hill and I'm not really familiar with the leasehold title. I've found a maisonette I like with a 82 years lease. I've read that I can get a lease extension having owned the property for a couple of years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
  • I am about to view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety eight years remaining on the lease. It is also a repo so I'm guessing that the bank will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • What will it cost me and what is the best way to get a lease extension started? I have circa seventy one years outstanding on my lease on a one bed flat in Friday Hill. I have called the agent who represent the freeholder and they provided me with the number for the surveyor. I have contacted the surveyor but I am not getting any calls back.
  • My wife and I have a GFF based in Friday Hill. There is eighty years left on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,ninety years
  • Offer accepted on a a garden flat in Friday Hill, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.We are soon to exchange contracts within a week. My question is why has this only just come to my attention by my lawyers?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my studio flat in Friday Hill
  • I require an estimate to extend my mum’s lease on a one bed flat in Friday Hill. She already has a price from the landlord for a lease extension but I am unclear whether it is too expensive.
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    Lease Extensions in Friday Hill

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