Top Ten Questions relating to Exminster Lease Extensions

  • I am looking for a lease extension on the lease on my three bed flat in Exminster which will have sixety seven years left in August. What fees apply?
  • I need to extend my existing lease can you assist? I think it has 71 years left
  • I want to buy a leasehold property and extend the lease. The seller has been there for three 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 ?
  • What will it cost me and what is the best way to start the lease extension process? I have nearon seventy five years left on my lease on a maisonette in Exminster. I have emailed the agent who act on behalf of the freeholder and they provided me with the number for the valuer. I telephone the valuer but I am not receiving any kind of answer.
  • My mortgage lender requires a £500 fee for their to agree a lease extension for my flat in Exminster... I am unable to find any reference of this in my mortgage literature... is this a usual charge?
  • My flat in Exminster is up for sale and I have a hopefully firm offer. There is 82 years remaining on the lease and I want to extend the lease. How much will it likely cost to get a lease extension by, say,twenty years
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 54 years. I need a at my end. Can you advise please? I live near Exminster and have a mortgage with Yorkshire Building Society.
  • Just been over two years that I have been in my maisonette in Exminster. I have 78 yrs remaining on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • I own the freehold to two flats. Someone has the lease on the lower flat in Exminster. I live in the upper flat. I was reviewing the land registry documents last night when I noticed that my flat has a lease on it. There is seventy two years left. If I want to do a lease extension then would I just be paying for the charges?
  • We are concerned about obtaining a lease extension from a difficult freeholder. Notwithstanding that the correct procedures were adhered to under the 1993 Act, the freeholder still tried to charge ground rent of £300 increasing by 100% every 25 years of the new lease. Can you help?

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