Totterdown Lease Extensions: Q and A’s

  • My name´s Lucas. I’m house hunting in Totterdown I'm deliberating offering on a garden flat online, with just over fivety five years unexpired lease, how much will it likely cost to extend in this area by, say, ninety years?
  • I inherited a property in Totterdown and it has approximately sixety eight years unexpired. I'd like to extend the lease period
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years unexpired 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 correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any information would be much appreciated.
  • The terms for the lease on my apartment in Totterdown are 101 years from 14 Dec 1989. Can you give me a quote for a lease extension if I give you more information please?
  • How much will I need to spend and what is the best way to get a lease extension started? I have around seventy one years outstanding on my lease on a one bed flat in Totterdown. I have contacted the agent who represent the landlord and they provided me with the number for the valuer. I have contacted the surveyor but I am not getting any returned calls.
  • I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Totterdown, where the lease is around sixety eight years but she was informed by the selling agents that the current owner had extended it to 125 years. Only now has she been told the homeowner was waiting for her to retain solicitors before commencing with the lease extension. Seems devious, also it will take months to sort it all out. Am I being too sceptical?
  • I am the owner of a purpose-built flat based in a small block in Totterdown. The leasehold interest in the apartment on a 101 year lease which commenced from 2nd January 1980 with a non-reviewable ground rent of £25 per annum. I wish to obtain a lease extension. Can I talk with someone to go through my options please?
  • I'm living at mum and dad but have a garden flat in Totterdown let out which has a fivety seven 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 Totterdown 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 19k. Not sure sure whether to hold on or sell the flat?
  • I have 59 years remaining on my lease of a ground floor flat in Totterdown, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • Do you handle lease extensions on land? (a plot of land in Totterdown with 82yrs remaining)

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