Lease Extensions in Lechlade

Lechlade Lease Extensions: Q and A’s

I have shares in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the procedure for this

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

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I purchased a two bedroom ground floor purpose built maisonette in Lechlade. The lease started in 2001 for 99 years. Now I am looking to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?

We are in a building consisting of four flats in Lechlade and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I am looking at purchasing an auction property and came upon a studio flat in Lechlade. It only has a fifty-one year lease..the seller being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the drawbacks of this except for the huge fee to put a new lease on it and reduced chance of getting a mortgage with Barnsley Building Society?

I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy seven years. I need a at my end. Can you advise please? I live near Lechlade and have a mortgage with Platform Home Loans Ltd.

I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my studio flat in Lechlade

I own the freehold reversion of a property in Lechlade and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this by £2,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to face?

We have a studio flat in Lechlade with a lease of 67 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?

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