Lease Extensions in Exmoor

Exmoor Lease Extensions Example Support Desk Enquiries

I’m about to offer on a maisonette to buy in the Exmoor area and was after more information on how much would it cost for a lease extension? It has 78 years as a balance left...

I acquired a flat in Exmoor with a leasehold unexpired nearon fivety seven years and need to extend it. Please can you advise me of the next steps

The intention is to sell our garden flat in Exmoor but we may need to extend the lease, or at least cover the expense of our buyers. Are you able to suggest someone to handle this?

I am about to view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 60 years left on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?

I have my suspicions that my daughter is being hoodwinked. She put in an offer on a ground floor flat in Exmoor, where the lease is around 67 years but she was told by the estate agents that the vendor had extended it to 125 years. She has now been advised the flat owner was holding off for her to instruct solicitors ahead of instigating the lease extension. Sounds devious, also it may take months to sort it all out. What do you think?

Offer accepted on a a maisonette in Exmoor, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.We are soon to exchange contracts in a couple of days. My query is Should I tell the owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?

I'm living with my parents but have a studio flat in Exmoor let out which has a fivety nine 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 Exmoor 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?

My father is concerned about getting a lease extension from an objectionable landlord. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the freeholder still attempted to charge ground rent of £200 increasing by 100% every twenty years of the new lease. Can you assist?

My colleague is aware that others in the same block had already had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest this course of action?

We have a ground floor flat in Exmoor with a lease of sixety one years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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