Questions and Answers: Cullompton Lease Extensions

  • I want to acquire a leasehold property and extend the lease. The homeowner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years residual lease term so a lease extension is not a worry. 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any suggestions would be much appreciated.
  • I own a three bedroom ground floor purpose built maisonette in Cullompton. The start date for the lease was in 1997 for 99 years. Now I am wanting for a lease extension. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • Possibly made an error, I am searching for a in Cullompton who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
  • I own a share of the freehold. There are four apartments in the block. All the leaseholders are now requiring lease extensions. What's your solicitors fee?
  • We wish to extend our lease. We will have been in the place for two years as of 11th Jan 2015. It has about sixety one years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
  • I am seeking advice as I am interested in a property that has only a seventy three year lease and therefore requires a lease extension. Can I talk with someone to discuss my options please?
  • My brother has a share of freehold, with two other leaseholders in a building in Cullompton. House divided into three apartments. He has a lease, which has approximately 56 years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • If somebody 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 doing it?
  • Just a quick question, how much is the premium payable for a lease extension on a residential property in Cullompton for a three bed flat - sec 42 is already served?

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