Hotwells Lease Extensions

Top Ten Questions relating to Hotwells Lease Extensions

I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leaseholders want a lease extension and I'm curious about the the process

I have got a leasehold flat in the Hotwells area and was enquiring if I could get a lease extension. What are your processes and charges. Has 77 years left

We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 798 years outstanding 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any suggestions would be much appreciated.

I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been absent for nearon 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to extend lease and apply for right to manage?

Possibly made an error, I am seeking a in Hotwells who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?

I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a one bed flat in Hotwells, where the lease is nearon seventy years but she was informed by the selling agents that the owner had extended it to 99 years. Only now has she been informed the seller was holding off for her to instruct lawyers before commencing with the lease extension. Seems unscrupulous, also it could take a while to sort it all out. Am I reading too much into it?

We are considering buying a ground floor flat in Hotwells which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 57 years. I need a at my end. Can you advise please? I live near Hotwells and have a mortgage with Halifax.

I am worried about obtaining a lease extension from tricky freeholder. Regardless of the fact that the legal procedures were adhered to under the appropriate legislation, the freeholder still attempted to get ground rent of £300 increasing by 100% every 25 years of the new term. Can you assist?

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