Top Ten Questions relating to Calstock Lease Extensions

  • I am the owner of a maisonnette together with the freehold reversion. My upstairs neighbours have asked for a lease extension what do I need to do?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Calstock, and my lease will reach 70 years this March. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • Possibly made a mistake, I am actually looking for a solicitors in Calstock who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • I need to talk to you about an apartment in Calstock, I am considering buying at auction next week. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
  • I am looking at purchasing an auction property and identified a studio flat in Calstock. It has just 48 year lease..the vendor being mortgagees in possession dont want the aggravation of seeking a lease extension..what are the drawbacks of this except for the expensive fee to extend the lease and decreased chance of getting a mortgage with Santander?
  • My wife and I have a first floor flat in Calstock with 60 years unexpired. Ten months ago we were quoted a deal to receive a lease extension for a further thirty years but also increase ground rent from nominal to a little more..plus a premium I think of about 9k. Finally we have decided to go ahead but do we now have to renegotiate?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to buy in Calstock. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I am concerned about seeking a lease extension from a difficult landlord. Regardless of the fact that the legal procedures were followed under the appropriate legislation, the landlord still tried to charge ground rent of £250 increasing by 100% every 25 years of the new term. Can you help?
  • We know that others in the same block had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Would you recommend such a course of action?
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    Lease Extensions in Calstock

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