Cullompton Lease Extensions: Q and A’s

  • The terms for the lease on my apartment in Cullompton are 95 years from 12 Sep 1980. Can you supply me me a quote for a lease extension if I give you more specifics please?
  • I am looking into the costs of carrying out a lease extension for my studio flat in Cullompton, and would like some figures on that.
  • Is it possible to talk with you about a leasehold property in Cullompton, I am considering buying at auction next month. 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 have a share of the freehold. There are three apartments in the block. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
  • I am in need of a lease extension for my flat in Cullompton and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Cullompton. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.
  • It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in Cullompton
  • My partner and I are hoping to acquire a home (a one bed flat inCullompton with share of freehold). During our search, we were always looking at flats that had at least 84 years left. We identified a flat we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our advised us the lease only has 62 years and thus requires a lease extension. Do we run away, or do we reduce our offer?
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Cullompton. I reside in the top flat. I was reviewing the land registry documents today when I noticed that my flat is leasehold. There is seventy five years left on the lease. Is it possible to carry out a lease extension without using a ?
  • I own the freehold reversion of a property in Cullompton where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to face?

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