Sample questions relating to Swavesey Lease Extensions

  • I have an interest in the freehold of buildings comprising of six flats each. Two of the leasehold owners want to extend their leases and I'm enquiring about the procedure for this
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 899 years outstanding so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.
  • I am about to put an offer in on a ground floor flat in Swavesey with a lease of sixety five years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I bought a garden flat in Swavesey. The lease commenced in 1992 for 99 years. Now I am wanting for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • We bought a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Swavesey and are therefore considering the option of a vesting order. Is this something you can handle for us?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Swavesey and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Leeds Building Society to release of equity. My adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £25.00 per year to £300 per annum.
  • We have a GFF based in Swavesey. There is 81 years remaining on the lease and we want to extend the lease. How much does it cost on average to get a lease extension by, say,25 years
  • My solicitors (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?
  • I an interested in finding out more about purchasing a leasehold residence. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Swavesey area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • I have a lease of seventy years remaining on my flat in Swavesey. 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?
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    Lease Extensions in Swavesey

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