Lease Extensions in Bideford

FAQs concerning Bideford Lease Extensions

My wife has an apartment based in Bideford which we are about to put on the market. The leasehold has about fivety six years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.

I am the registered owner of a property in Bideford and it has nearon fivety eight years residual lease term. I'd like to arrange a lease extension by twenty years

I'm planning to make an offer on a house in Bideford but I'm a little worried 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 Godiva Mortgages Ltd giving us the mortgage now?

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 69 years balance left.

I am about to view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 75 years outstanding on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?

I am a landlord of a block of flats in Bideford, and the lessees are in the process of being given lease extensions. I anticipate receiving funds next month. How does the tax work, the property is co-owned with my partner ?

I am looking at buying an auction property and identified a studio flat in Bideford. It has just 41 year lease..the seller as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of obtaining a mortgage with Barclays Direct?

I own a share of the freehold. There are four apartments in the building. All the leaseholders are now requiring lease extensions. What are the timescales to grant a lease extension?

Just been over two years that I have owned my two bedroom second floor purpose built maisonette in Bideford. I have 57 years outstanding on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?

Although I do not need a lease extension but I do require a vesting order on a property I want to acquire in Bideford. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.

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