FAQs concerning Sawston Lease Extensions

  • My wife and I are seeking a lease extension for our leasehold house based in Sawston and we are confused by the letter that we received from our landlord company. How long will it take?
  • I own a flat in Sawston with a leasehold unexpired roughly 78 years and need a lease extension. Please can you advise me of the next steps
  • I want to acquire a leasehold property and lease extension. The current owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Is it possible to talk with you about a flat in Sawston, I am considering buying at auction next month. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • In 2012 I purchased a leasehold apartment in Sawston. I have built a big extension and have not informed my freeholder. What are my options?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • Hello I am the freeholder reversion in a one bedroom flat in Sawston. The leaseholder has a sixety year lease and would like to purchase another 125 years. He is offering me £21,000 but I am not sure if this is too low an offer
  • We are purchasing a garden flat in Sawston which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do OS1 search on the lease. The problem 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 right that we must hold on until the lease extension has actually been registered before completing.?
  • We have a garden flat in Sawston with a lease of sixety five years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
  • I have a lease of 69 years remaining on my flat in Sawston. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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