FAQs concerning Exminster Lease Extensions

  • I own a maisonnette together with the freehold reversion. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • The intention is to sell our garden flat in Exminster but we may require a lease extension, or at least cover the expense of our purchaser. Can you help me find someone to handle this?
  • I'm thinking of buying a garden flat (leasehold) but the landlord has been absent for roughly 15yrs. My query is would it be cheaper to try to acquire the freehold or to get a lease extension and apply for right to manage?
  • The terms for the lease on my flat in Exminster are 99 years from 15 Jan 1990. Can you supply me me a quote to extend the lease if I give you more details please?
  • I am a landlord of a block of flats in Exminster, and the leaseholders are in the process of being given lease extensions. I should hopefully get funds within a month or so. As I am not on self assessment do I write to the Inland Revenue ?
  • I'm hoping for some advice with regard to extending the lease on my flat. I'll be looking to do this sometime next year as we must 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently in the process of remortgaging my garden flat in Exminster and the bank that I am looking to move to needs at least 85 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around 56 years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • I am currently negotiating a lease extension for my flat in Exminster 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Exminster
  • I have a lease of seventy seven years remaining on my flat in Exminster. 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?
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    Lease Extensions in Exminster

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