Common questions relating to Bovey Tracey Lease Extensions

  • I own a garden flat based in Bovey Tracey with a leasehold unexpired of 60 years. I am wondering about what I will need to spend to extend my leasehold
  • 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 studio flat in Bovey Tracey, and would like some figures on that.
  • We are considering buying a one bedroom apartment in Bovey Tracey which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • My brother has a share of freehold, with two other leaseholders in a building in Bovey Tracey. House divided into three flats. He has a lease, which has approximately 74 yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am planning to extend the lease on my garden flat in Bovey Tracey I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I do not need a lease extension but I do require a vesting order on a property I want to purchase in Bovey Tracey. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
  • Me and my wife are buying a one bedroom apartment in Bovey Tracey which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced extending the lease. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our property lawyers to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to be patient until the new lease is registered?
  • We have a maisonette in Bovey Tracey with a lease of sixety nine years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
  • I'm looking for some advice with regard to a lease extension on my studio flat in Bovey Tracey. 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 Bovey Tracey

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