Babbacombe Lease Extensions: Q and A’s

  • I'm planning to make an offer on a house in Babbacombe but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Nottingham Building Society giving us the mortgage now?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 79 years unexpired.
  • We are selling our three bedroom second floor purpose built flat in Babbacombe but we may require a lease extension, or at least cover the costs of our buyers. Can you suggest someone to handle this?
  • I bought a studio flat in Babbacombe. I am looking to extend lease on the property. It is approaching eighty years. I would just like to know what your charges are and how long it would take for completion.
  • My wife and I are considering purchasing a one bed flat in Babbacombe which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • My wife and I have been in discussion with our freeholder after having a valuation on our studio flat in Babbacombe. We have a 77 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • Me and my fiance are are hoping to complete on a three bedroom second floor purpose built flat in Babbacombe which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must hold on until the lease extension has actually been registered before completing.?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Babbacombe. I reside in the top flat. I was looking at the land registry documents yesterday when I noticed that my flat has a lease on it. There is sixety four years outstanding. Can one carry out a lease extension without retaining a ?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Babbacombe
  • We have a garden flat in Babbacombe with a lease of sixety one years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Babbacombe