FAQs concerning Westbury On Trym Lease Extensions

  • I am looking to either purchase the freehold or a lease extension of my property in Westbury On Trym and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Nottingham Building Society to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease began in 1972 and since then the ground rent has been raised from £15.00 per annum to £200 per year.
  • Last year I purchased a leasehold apartment in Westbury On Trym. I have built a huge extension and have not informed the freeholder. What are my options?
  • Ref a residence in Westbury On Trym. upper maisonette. 72 yrs left. I have negotiated a lease extension price of £14k for 125yrs. Landlord also requested Section 42 Notice which I think should not be required. Can you assist.
  • My flat in Westbury On Trym is up for sale and I have a hopefully firm offer. There is 79 years to run on the lease and I want a lease extension. How much will it likely cost to get a lease extension by, say,45 years
  • I an interested in finding out more about leasehold property buying. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Westbury On Trym area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • My brother has a share of freehold, with two other leaseholders in a building in Westbury On Trym. House converted into three apartments. He has a lease, which has about seventy five years left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I'm living at mother and father but have a studio flat in Westbury On Trym let out which has a 57 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 Westbury On Trym 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. Should I keep or sell the flat?
  • Hi I am the freeholder interest in a one bedroom flat in Westbury On Trym. The leaseholder has a 69 year lease and would like to purchase an additional 90 years. She is offering me £18,000 but I am unsure if this is a correct amount
  • Are you able to provide an estimate to extend my mother’s lease on a garden flat in Westbury On Trym. She already has a price from the freeholder for a lease extension but I am far from certain if it is reasonable.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Westbury On Trym

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