Recently asked questions relating to Goodrich Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm curious about the procedure for this
  • I have got a leasehold flat in the Goodrich area and was curious whether I could obtain a lease extension. What are your processes and charges. Has fivety five years outstanding
  • I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has sixety six years left
  • I'm about to make an offer on a house in Goodrich but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Godiva Mortgages Ltd giving us the mortgage now?
  • My wife and I have a first floor flat in Goodrich with seventy four years unexpired. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also uplift the ground rent from nominal to £200 per year..plus a premium I think of about 14k. Finally we have decided to proceed but do we now have to renegotiate?
  • I am looking to buy a one bed flat in Goodrich for asking price of 156k, which has seventy four years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I own a purpose-built flat located in a large development in Goodrich. The leasehold interest in the apartment on a ninety five year lease started from 2nd August 1980 with a fixed ground rent of £10 per annum. I would like to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • I am currently negotiating a lease extension for my flat in Goodrich 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?
  • We have a garden flat in Goodrich with a lease of seventy nine years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?
  • I have a lease of 77 years remaining on my flat in Goodrich. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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