Questions and Answers: Highnam Lease Extensions

  • I am seeking a lease extension for our apartment based in Highnam and we are confused by the letter that we received from our landlord company. How long will it take?
  • 35k agreed with the landlord, just seeking to find a Highnam for a lease extension. Our flat has nearon 58 yearsleft. Can you please help us with this situation ?
  • I bought a ground floor flat in Highnam that I am finding difficult to sell as a result of the lease needing a lease extension. How long will it take ?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy six years residual lease term.
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 928 years remaining so a lease extension is not an issue. 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 25 years without owning the property. Any feedback would be much appreciated.
  • I'm looking for a flat to buy in Highnam and I'm not really familiar with the leasehold tenure. I've identified a garden flat I like with a 91 years lease. My research reveals that I can apply for a lease extension having owned the property for a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • We have a leasehold flat in Highnam with fivety six years left. Ten months ago we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from notional to £200 per year..plus a premium I think of approximately 10k. We have now decided to move forward but do we now have to start the negotiations again?
  • My wife and I have a one bedroom flat based in Highnam. There is 81 years remaining on the lease and we want a lease extension. How much does it cost on average to get a lease extension by, say,twenty years
  • I am currently in the process of remortgaging my one bedroom apartment in Highnam and the bank that I am looking to move to needs a minimum 80 years remaining on the lease in order for them to progress matters. We currently have around 72 years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • I have 68 years remaining on my lease of a ground floor flat in Highnam, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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