Burton Bradstock Lease Extensions: Q and A’s

  • 40k agreed with the landlord, just trying to find a Burton Bradstock conveyancers for a lease extension. Our lease has slightly less 61 yearsremaining. How long will this take ?
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 798 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 help would be much appreciated.
  • I am the owner of a maisonnette and the freehold. My upstairs neighbours have asked for a lease extension what do I need to do?
  • I am a FTB of a leasehold flat in Burton Bradstock. The lease has only 61 years balance left and ground rent is £95. Is it possible for the homeowner to serve the Initial Notice and then assign this 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 freeholder, so I am not sure how this will play out.
  • We had entered into a purchase of a two bedroom first floor purpose built flat in Burton Bradstock. I was advised by the EA that the lease extension had already been completed while on a viewing (78 years unexpired lease prior to extension). The sales particulars stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The seller apparently has a quote but no funds to extend and consequently the flat owner intends to exchange and use the 10% deposit for the lease extension. My question is why has this only just been brought to my attention by my solicitors?
  • I am in need of a lease extension for my flat in Burton Bradstock and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am looking to extend the lease on my garden flat in Burton Bradstock I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm intent on buying a flat in Burton Bradstock valued at £210,000 the flat has approximately sixety five years unexpired on the lease. I put in an offer conditional upon the lease being extended... .. that was back in November, expecting I'd have completed before Christmas. The seller has just informed the agent that they are prepared to knock £5k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • I own the freehold reversion of a property in Burton Bradstock where the 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 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to incur?
  • We have a garden flat in Burton Bradstock with a lease of sixety nine years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Burton Bradstock

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