Questions and Answers: Burnham On Sea Lease Extensions

  • Hello, I am looking somewhere around or in Burnham On Sea 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • 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 bought a garden flat in Burnham On Sea. The lease started in 1997 for 99 years. Now I am wanting to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • We have a one bedroom flat in Burnham On Sea. There is 80 years unexpired on the lease and we want a lease extension. How much does it cost on average to get a lease extension by, say,thirty years
  • My fiance and I would like to know the cost of a lease extension valuation for a property based in Burnham On Sea. Is this something you can assist us with?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to buy in Burnham On Sea. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
  • My wife and I are hoping to purchase a flat (a studio flat based inBurnham On Sea with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years remaining. We came across a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Today our advised us the lease only has fivety six years and thus needs a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • We currently own a maisonette in Burnham On Sea and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 78 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I have seventy three years remaining on my lease of a ground floor flat in Burnham On Sea, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • Do you handle lease extensions on land? (a plot of land in Burnham On Sea with 82yrs remaining)

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