Burton Bradstock Lease Extensions: Q and A’s

  • I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Burton Bradstock - I wanted to see if with your services it is possible for this to be extended?
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 899 years balance left so a lease extension is not an issue. 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 25 years without the house being ours. Any feedback would be much appreciated.
  • Do you only do lease extensions in Burton Bradstock? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a conveyancers.
  • I bought a ground floor flat in Burton Bradstock. The lease commenced in 1991 for 99 years. Now I am looking to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • I own a leasehold apartment in Burton Bradstock. I have built a huge extension and have not informed the leaseholder. What should I do?
  • I am a FTB of a leasehold flat in Burton Bradstock. The lease has only 59 years unexpired and ground rent is £50. Is it possible for the vendor to serve the Section 42 Notice and then transfer over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the current owner? To add to the complexity it’s the case of an missing landlord, so I am not sure how this will play out.
  • We have owned a leasehold flat for around fifteen years. It now has 66 years outstanding on the lease. Following a year of protracted negotiations through my property lawyers 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 a Tribunal and would appreciate advice.
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 61 years. I need a property lawyers at my end. Can you advise please? I live near Burton Bradstock and have a mortgage with Norwich and Peterborough Building Society.
  • My colleague knows that others in the same block previously had a lease extension, and the freeholder seemed reasonable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you recommend this course of action?
  • I have 64 years remaining on my lease of a ground floor flat in Burton Bradstock, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Burton Bradstock

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