Questions and Answers: Dartmouth Lease Extensions

  • Hello, I am looking somewhere around or in Dartmouth 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • I want to acquire a leasehold property and extend the lease. The seller has been there for four 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 ?
  • 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?
  • Is it possible to talk with you about a leasehold property in Dartmouth, I am considering bidding at auction next week. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • My mortgage provider is requesting a £500 fee for their for a "deed of substituted security" for the lease extension for my flat in Dartmouth... I can find no reference of this in my mortgage guide... is this a usual cost that they charge?
  • I own a share of the freehold. There are three flats in the block. All the leaseholders are now seeking lease extensions. What's your legal fee?
  • Me and my husband have owned a leasehold flat for approximately eighteen years. There are 56 years outstanding on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
  • Me and my fiance are are hoping to complete on a 2 bed flat in Dartmouth which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we have to wait until the lease extension has actually been registered before completing.?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Dartmouth. I live in the upper flat. I was reviewing the land registry documents yesterday when I noticed that my flat has a lease on it. There is 64 years remaining. If I want to do a lease extension then would I simply be paying for the costs?
  • 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