Lease Extensions in Furzedown

Frequently asked questions relating to Furzedown Lease Extensions

I own a property in Furzedown and it has roughly seventy seven years remaining. I'd like to extend the lease period

We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 899 years balance left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any suggestions would be much appreciated.

I'm deliberating over buying a garden flat (leasehold) but the landlord has been missing for nearon 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to extend lease and apply for RTM?

We bought a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Furzedown and looking to do a vesting order. Is this something you can handle for us?

I am considering whether to purchase the freehold or a lease extension of my property in Furzedown and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Coventry Building Society to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease commenced in 1979 and since then the ground rent has increased from £25.00 per annum to £300 per year.

I am a freeholder of a block of flats in Furzedown, and the tenants are in the process of being given lease extensions. I anticipate receiving the money next week. As I am not on self assessment do I write to the tax authorities ?

I am in need of a lease extension for my flat in Furzedown and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

We have owned a leasehold flat for approximately eighteen years. It now has fivety six years outstanding on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome some independent thoughts.

I'm living at mum and dad but have a 2 bed flat in Furzedown let out which has a 66 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Furzedown for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Furzedown

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