Exmoor Lease Extension - Your Legal Fees Calculator
Exmoor Lease Extensions Example Support Desk Enquiries
I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Exmoor - I wanted to see if with your services it is possible for this to be extended?
We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 899 years remaining so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
We have a residential flat in Exmoor with 54 years left. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also uplift the ground rent from nominal to £300 per year..plus a premium I think of about 9k. We have now decided to move forward but do we now have to renegotiate?
I have a share of the freehold. There are five flats in the house. All the leaseholders are now looking for lease extensions. Are you willing to assist us with this situation?
I am looking to buy a one bed flat in Exmoor for asking price of 156k, which has seventy nine years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Exmoor for a three bed flat - sec 42 is already in place?
I am the registered freeholder of a couple of flats. Someone has the lease on the garden flat in Exmoor. I occupy in the top flat. I was looking at the land registry documents last night when I noticed that my flat is leasehold. There is 64 years balance left. If I want to do a lease extension then would I just be paying for the property lawyers charges?
I am currently in the process of remortgaging my maisonette in Exmoor and the mortgage company that I am looking to switch to requires a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 60 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
We currently own a studio flat in Exmoor 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 58 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 landlord first and will they be able to give me a cost?