Questions and Answers: Bovey Tracey Lease Extensions

  • My partner has a flat in Bovey Tracey which we have just put on the market. The leasehold has roughly 78 years left on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Many thanks.
  • I am looking to extend the lease on my garden flat in Bovey Tracey which will have 78 years unexpired lease in June. What fees are applicable?
  • I am looking for a conveyancers in Bovey Tracey and they need to be on the Lloyds TSB Bank approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • I am looking to buy a three bedroom first floor purpose built maisonette in Bovey Tracey with a lease of seventy one years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I'm considering buying a studio flat (leasehold) but the freeholder has been missing for just over 15yrs. My query is would it be less expensive to try to acquire the freehold or to get a lease extension and apply for RTM?
  • I am looking at purchasing an auction property and identified a two bed flat in Bovey Tracey. It has just 49 year lease..the current owner as mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this except for the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Norwich and Peterborough Building Society?
  • My property lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I'm looking at acquiring an apartment in Bovey Tracey at a price of £210,000 the flat has approximately 60 years left on the lease. My offer was conditional upon the lease being renewed... .. that was back in August, hoping I'd be in before now. They have just come back saying they'll reduce the price by£7k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • I'm looking for some help concerning extending the lease on my apartment. The intention is to do this next winter as we need to move 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. You are able to recommend a good property lawyers who specialises in lease extensions. Ideally someone in Bovey Tracey area?
  • I have a lease of sixety six years remaining on my flat in Bovey Tracey. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Bovey Tracey

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