FAQs concerning Carmel Lease Extensions

  • My husband and I are thinking about a lease extension for our apartment based in Carmel and we are confused by the communication that we received from our landlord company. Can you please assist us with this situation?
  • 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 invested in buying a ground floor flat in Carmel. I am looking for a lease extension on the property. It is about 80 years. I would just like to know what your charges are and how long it would take for completion.
  • I own a leasehold apartment in Carmel. I have built a huge extension and have not informed the freeholder. What should I do?
  • I am looking at purchasing an auction property and found a one bed flat in Carmel. It only has a 50 year lease..the vendor as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the disadvantages of this other than the huge fee to extend the lease and decreased chance of getting a mortgage with Barnsley Building Society?
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety six years. I need a conveyancing practitioners at my end. Can you advise please? I live near Carmel and have a mortgage with Nottingham Building Society.
  • Me and my OH would like to know the cost of a lease extension valuation for a property based in Carmel. Is this something you can help us with?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Carmel. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
  • My daughter knows that others in the same building had already had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on previous prices . This would save on double valuation fees. Would you recommend this course of action?
  • We have a 2 bed flat in Carmel with a lease of seventy one years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
  • Other Topics

    Lease Extensions in Carmel

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Carmel