FAQs concerning Barnstaple Lease Extensions

  • I want to buy a leasehold property and lease extension. The flat owner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am about to put an offer in on a one bed flat in Barnstaple with a lease of sixety two years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Barnstaple, and my lease will reach 55 years this August. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I bought a one bedroom apartment in Barnstaple. The lease started in 2001 for 99 years. Now I am looking for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • The terms for the lease on my apartment in Barnstaple are 99 years from 14 Dec 1989. Can you give me a quote for a lease extension if I give you more specifics please?
  • We have a one bedroom flat based in Barnstaple. There is 81 years unexpired on the lease and we want a lease extension. What does it cost on average to get a lease extension by, say,25 years
  • We wish to extend our lease. We will have been in the flat for 2 years as of 22nd Feb 2015. It has nearly 56 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • My nephew has a share of freehold, with two other leaseholders in a building in Barnstaple. House split into three flats. He has a lease, which has just over fivety seven 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?
  • We have been in discussion with our freeholder after having a valuation on our two bedroom first floor purpose built flat in Barnstaple. We have a 75 year lease and we wish to increase this to 99. The Freeholder has provided 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 solicitors to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • We are hoping to acquire a property (a two bedroom ground floor purpose built maisonette located inBarnstaple with share of freehold). Throughout our search, we were always looking at flats that had a minimum eighty five years residual lease term. We identified a place we fell in love with and the estate agent assured that the lease term was not an issue. Yesterday our property lawyers advised us the lease only has sixety nine years and therefore requires a lease extension. Do we walk away, or do we negotiate our offer?
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    Lease Extensions in Barnstaple

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