Gloucester Lease Extensions

Frequently asked questions relating to Gloucester Lease Extensions

So this is the scenario: I bought a one bedroom apartment in Gloucester that I now cannot sell due to the lease needing a lease extension. What's your solicitors fee ?

I think our has advised us incorrectly concerning a lease extension and I would like to find out how to complain

I acquired a property in Gloucester and it has circa sixety nine years remaining. I'd like to extend the lease period

I am looking at investing in a second home but it has a lease that expires in 14 years. Its in Gloucester - I wanted to see if with your services it is possible for this to be extended?

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has sixety one years residual lease term.

I am looking for a in Gloucester and they should be on the Leeds Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?

My apartment in Gloucester is up for sale and I have a hopefully firm offer. There is eighty one years remaining on the lease and I want a lease extension. What does it cost on average to extend in this location by, say,25 years

We are acquiring a garden flat in Gloucester which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must wait until the lease extension has actually been registered before completing.?

I know that others in the same building had already had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?

I am currently negotiating a lease extension for my flat in Gloucester 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 Gloucester