Questions and Answers: Beaminster Lease Extensions

  • I acquired a three bedroom second floor purpose built flat located in Beaminster with a leasehold unexpired of seventy three years. I am curious about what it will cost me to extend my lease
  • 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 looking into the costs of carrying out a lease extension for my ground floor flat in Beaminster, and would like some figures on that.
  • In 2010 I purchased a leasehold apartment in Beaminster. I have built a big extension and have not informed my leaseholder. What should I do?
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a garden flat in Beaminster, where the lease is nearon seventy three years but she was told by the estate agents that the vendor had extended it to 125 years. She has now been informed the seller was waiting for her to retain conveyancers before commencing with the lease extension. Sounds devious, also it could take months to sort it all out. What do you think?
  • We have a one bedroom flat based in Beaminster. There is 80 years left on the lease and we want a lease extension. What does it cost on average to extend in this location by, say,ninety years
  • I own a share of the freehold. There are four flats in the building. All the leaseholders are now requiring lease extensions. Are you willing to assist us with this situation?
  • I own the freehold to two flats. Someone has the lease on the lower flat in Beaminster. I occupy in the upper flat. I was looking at the title deeds recently when I noticed that my flat is leasehold. There is sixety nine years residual lease term. If I want to do a lease extension then would I simply be paying for the charges?
  • I am currently negotiating a lease extension for my flat in Beaminster as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bed flat in Beaminster
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Beaminster