Common questions relating to Dartmouth Lease Extensions

  • I’m seeking a lease extension for our flat located in Dartmouth and we are confused by the letter that we received from our landlord company. Are you able to help us with this situation?
  • My partner has a flat in Dartmouth which we are about to put on the market. The leasehold has approximately 67 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I want to buy a leasehold property and extend the lease. The seller has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am the registered owner of a three bed flat located in Dartmouth with a leasehold unexpired of 58 years. I am curious about how much it will cost me to extend my lease
  • I am looking to either purchase the freehold or a lease extension of my property in Dartmouth and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with The Mortgage Works to free up equity. My adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1979 and since then the ground rent has increased from £15.00 per year to £300 per year.
  • I am concerned that my daughter might be having the wool pulled over her eyes. She submitted an offer on a three bedroom ground floor purpose built flat in Dartmouth, where the lease is nearly 59 years but she was advised by the estate agents that the current owner had extended it to 125 years. Only now has she been informed the current owner was holding off for her to instruct solicitors ahead of instigating the lease extension. Seems devious, also it could take a while to sort it all out. Am I reading too much into it?
  • I am looking at buying an auction property and came upon a one bed flat in Dartmouth. It only has a 41 year lease..the seller as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and reduced chance of getting a mortgage with Clydesdale?
  • I am hoping to extend the lease on my one bedroom apartment in Dartmouth I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I own the freehold reversion of a property in Dartmouth and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this to £10,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
  • I am currently negotiating a lease extension for my flat in Dartmouth 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?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Dartmouth