Top Ten Questions relating to Redland Lease Extensions

  • We are seeking a lease extension for our leasehold house located in Redland and we are confused by the letter that we got from our landlord company. What's your legal fee?
  • I acquired a flat in Redland with a leasehold unexpired circa 66 years and need a lease extension. Please can you clarify the next steps
  • I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in Redland - I wanted to see if with your services this could be extended?
  • Think I may have made an error, I am seeking a in Redland who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • I am considering whether to purchase the freehold or a lease extension of my property in Redland and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Virgin Money to release of equity. My adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease began in 1981 and since then the ground rent has been raised from £25.00 per annum to £100 per annum.
  • I'm looking for an apartment to buy in Redland and I'm not really familiar with the leasehold title. I've found a one bedroom apartment I like with a 90 years lease. I've read that I can get a lease extension after a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender Halifax?
  • My mortgage provider requires several hundred pounds for their to approve the lease extension deed for my flat in Redland... I can find no mention of this in my mortgage guide... is this a usual charge?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
  • Coming up to two years that I have been in my garden flat in Redland. I have 72 years remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
  • Me and my OH are purchasing a maisonette in Redland which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to wait pending registration of the new lease?

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