Frequently asked questions relating to Great Shelford Lease Extensions

  • I am the owner of a maisonnette and the freehold. My downstairs neighbours have asked to extend the lease what do I need to do?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Great Shelford, and my lease will reach fivety seven years this May. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I am going to purchase a flat in Great Shelford. My offer is subject to the lease extension. The homeowner’s solicitors has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Platform Home Loans Ltd. Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my flat in Great Shelford are 99 years from 15 Sep 1988. Please give me a quote to extend the lease if I give you more specifics please?
  • I am looking at buying an auction property and identified a studio flat in Great Shelford. It only has a 41 year lease..the seller being mortgagees in possession dont want the aggravation of seeking a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and reduced chance of obtaining a mortgage with Barclays ?
  • Regarding a property in Great Shelford. GFF maisonette. sixety nine yrs left. I have negotiated a lease extension price of £12,000 for 115yrs. Freeholder also requested Notice of Claim which I think should not be necessary. Can you assist.
  • My partner and I had entered into a purchase of a studio flat in Great Shelford. I was advised that the lease had been lengthened (seventy three years left prior to extension). The description on the listing said "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The flat owner apparently has a quote but no money to extend as a result the homeowner wishes to exchange and use the 10% deposit for the lease extension. My question is how is possible that the estate agent got it so wrong?
  • My wife and I are concerned about seeking a lease extension from tricky freeholder. Even though the correct procedures were adhered to under the appropriate legislation, the freeholder still attempted to charge ground rent of £250 doubling every 25 years of the new lease. Can you assist?
  • I am currently in the process of remortgaging my one bedroom apartment in Great Shelford and the mortgage company that I am looking to move to needs a minimum 80 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around sixety four years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • We currently own a one bedroom apartment in Great Shelford and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety four years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
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    Lease Extensions in Great Shelford

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