Frequently asked questions relating to Bideford Lease Extensions

  • My partner has an apartment in Bideford which we have just put on the market. The leasehold has about 70 years outstanding on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Thank you.
  • I am interested in getting a lease extension for a flat in Bideford and want to use a local conveyancing practitioners. Are you able to help me find a conveyancing practitioners?
  • 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 Britannia giving us the mortgage now?
  • Do you only undertake lease extensions in Bideford? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a property lawyers.
  • I am looking to either purchase the freehold or a lease extension of my property in Bideford and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Britannia to release of equity. The adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease commenced in 1981 and since then the ground rent has been raised from £25.00 per year to £125 per annum.
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am planning to extend the lease on my two bedroom ground floor purpose built maisonette in Bideford I am looking for help to verify the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • Just been over 2 years that I have been in my ground floor flat in Bideford. I have seventy yrs remaining on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • I am currently in the process of refinancing my garden flat in Bideford and the bank that I am looking to switch to requires at least 85 years on the leasehold of my property in order for them to progress matters. We currently have around fivety nine years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • I'm looking for some advice with regard to a lease extension on my garden flat in Bideford. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal 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?
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    Lease Extensions in Bideford

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Bideford