Questions and Answers: Dorchester Lease Extensions

  • I am considering whether to purchase the freehold or a lease extension of my property in Dorchester and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with National Westminster Bank to free up equity. The broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease started in 1981 and since then the ground rent has increased from £15.00 per annum to £200 per year.
  • My mortgage lender is requesting several hundred pounds for their to agree a lease extension for my flat in Dorchester... I can find no reference of this in my mortgage contract... is this a normal fee to pay?
  • I am a landlord of a block of flats in Dorchester, and the tenants are in the process of being issued lease extensions. I anticipate receiving the money next week. As I am not on self assessment do I get in touch with the tax man ?
  • Me and my wife are considering buying a ground floor flat in Dorchester which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • We wish to extend our lease having owned the property for two years as of 22nd May 2016. It has circa 70 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
  • My dad has a share of freehold, with two other leaseholders in a building in Dorchester. House divided into three apartments. He has a lease, which has roughly sixety yrs outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 77 years. I need a at my end. Can you advise please? I live near Dorchester and have a mortgage with TSB.
  • I'm looking for some advice with regard to extending the lease on my apartment. I'll be looking to do this in six months time as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Can you recommend a good with expertise in lease extensions. Preferably based in Dorchester?
  • We currently own a garden flat in Dorchester and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy seven years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I have seventy seven years remaining on my lease of a ground floor flat in Dorchester, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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