Top Ten Questions relating to South Brent Lease Extensions

  • Hi, I stumbled across your website. I'm seeking prices on what it cost to extend a lease of a one bedroom apartment based in South Brent. It's up for sale at the moment but has approximately 70 years left on the lease
  • Hi, I am looking somewhere around or in South Brent 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I am considering investing in a second home but it has a lease that expires in 14 years. Its in South Brent - I wanted to see if with your services it is possible for this to be extended?
  • We have owned a leasehold flat for approximately fifteen years. It now has 77 years remaining on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate advice.
  • I am the freeholder of a Victorian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 68 years. What are my next steps?
  • I'm living with my mother and father but have a studio flat in South Brent let out which has a 78 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in South Brent for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • Coming up to 2 years that I have been in my one bedroom apartment in South Brent. I have seventy one yrs remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 425k. 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: Is there a benefit in getting a South Brent based or any will do fine?
  • We currently own a studio flat in South Brent and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety seven years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in South Brent 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 wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in South Brent

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