Common questions relating to Nailsworth Lease Extensions

  • I am deliberating whether to purchase the freehold or a lease extension of my property in Nailsworth and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Santander to release of equity. My broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per year to £300 per year.
  • I am concerned that my niece might be having the wool pulled over her eyes. She put in an offer on a garden flat in Nailsworth, where the lease is just under 69 years but she was advised by the estate agents that the current owner had extended it to 99 years. Only now has she been told the homeowner was holding off for her to instruct lawyers before commencing with the lease extension. Seems unscrupulous, also it may take months to sort it all out. What do you think?
  • My mortgage provider requires a £600 fee for their solicitors to approve the lease extension deed for my flat in Nailsworth... I can find no mention of this in my mortgage booklet... is this a standard charge?
  • My apartment in Nailsworth is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want to extend the lease. How much does it cost on average to get a lease extension by, say,twenty years
  • I would like some guidance on purchasing a leasehold residence. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Nailsworth area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I am the freeholder of a Victorian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy seven years. What are my next steps?
  • I do not need a lease extension but I do require a vesting order on a property I want to buy in Nailsworth. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1895. Its the garden area.
  • We have been in discussion with our freeholder after having a valuation on our studio flat in Nailsworth. We have a sixety nine year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a solicitors to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I own the freehold to two flats. Someone has the lease on the ground flat in Nailsworth. I reside in the upper flat. I was looking at the land registry documents yesterday when I noticed that my flat is leasehold. There is fivety six years remaining. If I want to do a lease extension then would I just be paying for the lawyers costs?
  • I require an estimate to extend my mother’s lease on a one bed flat in Nailsworth. She already has a price from the landlord for a lease extension but I am unclear whether it is too high.
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    Lease Extensions in Nailsworth

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