Recently asked questions relating to Yate Lease Extensions

  • We have just bought a garden flat based inYate and I'm considering a lease extension as soon as I can e.g. after 24 months of ownership
  • I invested in buying a property in Yate and it has circa 56 years left. I'd like to extend the lease period
  • I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Yate - I wanted to see if with your services this could be extended?
  • I have been in touch with my freeholder to extend my lease for my flat in Yate. Her has been in contact with fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started August 1993.
  • I am a FTB of a leasehold flat in Yate. The lease has just 73 years remaining and ground rent is £50. Is it possible for the current owner to serve the Initial Notice and then transfer this right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the homeowner? To add to the complexity the freeholder is absent, so I am not sure how does it work.
  • We have a GFF in Yate. There is 81 years left on the lease and we want to extend the lease. How much does it cost on average to extend in this area by, say,45 years
  • I intend to buy a one bed flat in Yate for asking price of 125k, which has 59 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm looking at acquiring a flat in Yate at a price of £195,000 the flat has approaching sixety eight years unexpired on the lease. I put in an offer conditional upon a lease extension... .. that was back in November, hoping I'd have completed before now. They have just come back saying that they are prepared to reduce the price by£8k if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I have sixety three years remaining on my lease of a ground floor flat in Yate, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my 2 bed flat in Yate
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Yate