Common questions relating to Bovey Tracey Lease Extensions

  • I'm wanting to make an offer on a house in Bovey Tracey but I'm concerned 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 Bank of Scotland giving us the mortgage now?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 59 years unexpired.
  • I inherited a three bed flat in Bovey Tracey with a leasehold unexpired of seventy four years. I am enquiring about how much it will cost me to extend my lease
  • Is it possible to talk with you about an apartment in Bovey Tracey, I am thinking of bidding at auction in the next few days. The flat only has a few years left and I was wondering about what it would cost to get a lease extension and for your services.
  • I am considering whether to purchase the freehold or a lease extension of my property in Bovey Tracey and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Santander to release of equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease commenced in 1991 and since then the ground rent has increased from £15.00 per year to £300 per year.
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 59 years. I need a at my end. Can you advise please? I live near Bovey Tracey and have a mortgage with Aldermore.
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Bovey Tracey for a two bed flat - sec 42 is already served?
  • My and my fiance are worried about seeking a lease extension from an objectionable landlord. Even though the legal procedures were adhered to under the appropriate legislation, the freeholder still tried to charge ground rent of £200 increasing by 100% every twenty years of the new lease. Can you help?
  • My colleague knows that others in the same block had already had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of not having formal survey and base the initial offer on on the prices by others . This would save on double valuation fees. Would you recommend such a course of action?
  • I have sixety seven years remaining on my lease of a ground floor flat in Bovey Tracey, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Bovey Tracey