Delabole Lease Extensions

Delabole Lease Extensions: Q and A’s

I am looking to extend the lease on my studio flat in Delabole which will have fivety eight years left in September. What fees apply?

I need to extend my current lease can you help me with that? I think it has 72 years unexpired

I'm considering purchasing a ground floor flat (leasehold) but the freeholder has been absent for just over 15yrs. My question is would it be cheaper to try to acquire the freehold or to extend lease and apply for right to manage?

I own a leasehold flat in Delabole. I have built a large extension and have not informed the freeholder. What should I do?

My mortgage provider requires a £600 fee for their for a "deed of substituted security" for the lease extension for my flat in Delabole... I can find no mention of this in my mortgage guide... is this a usual charge?

I am thinking about purchasing an auction property and came upon a studio flat in Delabole. It has just fifty-one year lease..the current owner being mortgagees in possession dont want to mess around with negotiating a lease extension..what are the drawbacks of this except for the costly fee to put a new lease on it and decreased chance of obtaining a mortgage with Aldermore?

I'm living with my parents but have a studio flat in Delabole let out which has a 64 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Delabole for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?

We are are hoping to complete on a maisonette in Delabole which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do a "priority search" on the property title. 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 correct that we have to hold on until the new lease is registered?

Do you handle lease extensions on land? (a plot of land in Delabole with 82yrs remaining)

I have a lease of 74 years remaining on my flat in Delabole. 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?

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