Frequently asked questions relating to Broadclyst Lease Extensions

  • We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any advice would be much appreciated.
  • Hi. I need a to review my lease extension prior to it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • I invested in buying a garden flat in Broadclyst. The lease started in 1997 for 99 years. Now I am wanting for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • The intention is to sell our studio flat in Broadclyst but we may need to extend the lease, or at least cover the costs of our buyers. Are you able to recommend someone to assist?
  • Is it possible to talk with you about a leasehold property in Broadclyst, I am considering buying at auction next week. The flat only has a few years left and I was wondering about how much it would cost to get a lease extension and for your services.
  • I intend to buy a one bed flat in Broadclyst for asking price of 125k, which has 61 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the owner of a purpose-built flat based in a large block in Broadclyst. The leasehold interest in the flat on a ninety five year lease which commenced from 2nd March 1969 with a set yearly rent of 35. I wish to obtain a lease extension. Is it possible for me to talk with someone to discuss my options please?
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Broadclyst for a two bed flat - section 42 is already served?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Broadclyst. I live in the top flat. I was reviewing the land registry documents recently when I noticed that my flat has a lease on it. There is 69 years residual lease term. If I want a lease extension then would I simply be paying for the costs?
  • I am the freeholder of a property in Broadclyst and a leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to incur?

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