Brixham Lease Extensions: Q and A’s

  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 55 years unexpired.
  • I own a share of the freehold. There are five apartments in the house. All the leaseholders are now seeking lease extensions. Are you able to assist us with this situation?
  • Me and my partner are considering buying a maisonette in Brixham which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • My husband and I have owned a leasehold flat for approximately twenty years. It now has seventy three years remaining on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.
  • I am the freeholder of a Victorian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety seven years. What are my next steps?
  • Me and my OH are buying a maisonette in Brixham which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The owner 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 conveyancing process is for our to do a "priority search" on the lease. The problem 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 is not known. Is it right that we must hold on until the lease extension has actually been registered before completing.?
  • Me and my sister are in the throws of buying a property (a maisonette located inBrixham with share of freehold). During our search, we were always looking at flats that had at least eighty five years left. We found a flat we liked and the selling agent promised us that the lease term was not an issue. Yesterday our advised us the lease only has 70 years and therefore needs a lease extension. Do we walk away, or do we reduce our offer?
  • My wife and I are concerned about getting a lease extension from a difficult freeholder. Even though the legal procedures were followed under the 1993 Act, the freeholder still tried to get ground rent of £200 doubling every twenty five years of the new term. Can you assist?
  • I am currently negotiating a lease extension for my flat in Brixham as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • We have a maisonette in Brixham with a lease of 59 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Brixham