Frequently asked questions relating to Chulmleigh Lease Extensions

  • I’ve just bought a one bedroom apartment inChulmleigh and I'm deliberating a lease extension as soon as possible e.g. in two years
  • Hello. I need a conveyancers to have a look at my lease extension prior to it being completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.
  • I'm considering buying a garden flat (leasehold) but the landlord has been absent for around 15yrs. My query is would it be less expensive to try to buy the reversionary title or to extend lease and apply for RTM?
  • I own a purpose-built apartment located in a large block in Chulmleigh. The leasehold interest in the flat on a ninety five year lease which commenced from 2nd March 1972 with a non-reviewable yearly rent of 20. I wish to obtain a lease extension. Is it possible for me to call someone to go through my options please?
  • 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 seventy six years. I need a conveyancing practitioners at my end. Can you advise please? I live near Chulmleigh and have a mortgage with Barclays Direct.
  • We would like to know the cost of a lease extension valuation for a property based in Chulmleigh. Would you be able to help?
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Chulmleigh for a one bed flat - sec 42 is already in place?
  • I am currently negotiating a lease extension for my flat in Chulmleigh as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • We have a studio flat in Chulmleigh with a lease of sixety years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?
  • I have a lease of sixety three years remaining on my flat in Chulmleigh. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Chulmleigh

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