Ashbourne Lease Extensions

Sample questions relating to Ashbourne Lease Extensions

I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 68 years outstanding.

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?

I am a landlord of a block of flats in Ashbourne, and the lessees are in the process of being issued lease extensions. I should hopefully get funds within a month or so. How does the tax work, the property is co-owned with my partner ?

My partner and I have a one bedroom flat based in Ashbourne. There is 80 years unexpired on the lease and we want a lease extension. What does it cost on average to get a lease extension by, say,45 years

I am seeking advice as I am interested in a property that has only a fivety six year lease and therefore requires a lease extension. Can I call someone to discuss my options please?

I an interested in finding out more about leasehold property buying. We hope 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 Ashbourne 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 husband has a share of freehold, with two other leaseholders in a building in Ashbourne. House split into three flats. He has a lease, which has around 60 years left. How much would it cost for a lease extension and how many years would he need to extend by?

I'm looking at buying an apartment in Ashbourne at a price of £210,000 the flat has approximately 73 years remaining on the lease. My offer was conditional upon the lease being extended... .. that was back in September, hoping I'd have completed before now. The owner has just informed me they are willing to reduce the price by£8k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea

I'm hoping for some advice concerning extending the lease on my apartment. The intention is to do this in six months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

My wife and I are aware that others in the same block previously had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you recommend such a course of action?

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