FAQs concerning Stoke Gifford Lease Extensions

  • I am about to put an offer in on a garden flat in Stoke Gifford with a lease of 74 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • The terms for the lease on my flat in Stoke Gifford are 99 years from 10 Sep 1990. Please give me a quote to extend the lease if I give you more information please?
  • I own a one bedroom ground floor purpose built maisonette in Stoke Gifford. I am looking for a lease extension on the property. It is just over 80 years. I would just like to know what your charges are and how long the process takes.
  • Ref a residence in Stoke Gifford. GFF maisonette. sixety six yrs unexpired. I have negotiated a lease extension price of £14k for 135yrs. Freeholder also requested Notice of Claim which I think should not be required. Advice required.
  • I own a share of the freehold. There are three apartments in the block. All the leaseholders are now seeking lease extensions. Are you able to assist us with this situation?
  • Me and my partner would like to know the cost of a lease extension valuation for a property based in Stoke Gifford. Would you be able to help?
  • If somebody owns a flat with a lease of under 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?
  • My fiance and I are in the throws of buying a home (a garden flat located inStoke Gifford with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years balance left. We came across a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our advised us the lease only has 75 years and therefore requires a lease extension. Do we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • Are you able to provide an estimate to extend my mother’s lease on a 2 bed flat in Stoke Gifford. She already has a figure from the freeholder for a lease extension but I am far from certain if it is too expensive.

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