Questions and Answers: Bridport Lease Extensions

  • I agreed with the freeholder to a lease extension on our flat in Bridport, 12k for an extension by 90yrs. How long will it take ?
  • I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has 60 years balance left
  • Hello. I need someone to review my lease extension before it's formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
  • 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?
  • Ref a property in Bridport. lower maisonette. 73 yrs remaining. I have negotiated a lease extension price of £14k for 115yrs. Freeholder also requested Notice of Claim which I think is a tad over the top. Can you assist.
  • I am looking to extend the lease on my studio flat in Bridport 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 am in need of some help with a lease extension. I live in Dublin but the flat in question is based in Bridport. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • We are purchasing a 2 bed flat in Bridport which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must wait until the new lease is registered?
  • Just a quick one, how much does it cost for a lease extension on a residential property in Bridport for a three bed flat - section 42 having been issued?
  • We know that others in the same block previously had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?

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