Recently asked questions relating to Quedgeley Lease Extensions

  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 78 years residual lease term.
  • The terms for the lease on my flat in Quedgeley are 101 years from 1 Jan 1988. Please provide me a quote for a lease extension if I give you more specifics please?
  • How much will it cost me and what is the best way to get a lease extension started? I have about 62 years left on my lease on a studio flat in Quedgeley. I have called the managing agents who act on behalf of the head landlord and they gave me the number for the surveyor. I left a phone message for the surveyor but I am not receiving any returned calls.
  • I have my suspicions that my daughter is being hoodwinked. She submitted an offer on a studio flat in Quedgeley, where the lease is approximately sixety three years but she was informed by the estate agents that the owner had extended it to 99 years. Only now has she been advised the homeowner was holding off for her to retain conveyancers prior to commencing with the lease extension. Seems unscrupulous, also it may take a while to sort it all out. Am I reading too much into it?
  • My mortgage lender requires a £600 fee for their for a "deed of substituted security" for the lease extension for my flat in Quedgeley... I am unable to find any mention of this in my mortgage literature... is this a usual charge?
  • We are considering purchasing a garden flat in Quedgeley which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block 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?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to purchase in Quedgeley. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the rear garden.
  • I am currently negotiating a lease extension for my flat in Quedgeley as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • We have a garden flat in Quedgeley with a lease of fivety eight years left with a value of around £290000 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 Quedgeley