Frequently asked questions relating to Exmouth Lease Extensions

  • My name´s Evan. I’m property hunting in Exmouth I'm seeing a ground floor flat online, with just under 71 years left, how much will it likely cost to get a lease extension by, say, thirty years?
  • I inherited a property in Exmouth and it has circa 56 years left. I'd like to extend the lease period
  • I need to extend my current lease can you assist? My investigation with the Land Registry reveal that it has sixety nine years outstanding
  • I am going to purchase a flat based in Exmouth. The offer is subject to the lease extension. The owner’s property lawyers has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Virgin Money. Moreover, which are the following lease extension steps to complete the purchase?
  • We bought a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Exmouth and looking to do a vesting order. Is this something you can handle for us?
  • I am a FTB of a leasehold flat in Exmouth. The lease has just 62 years unexpired and ground rent is £75. Is it possible for the vendor to serve the Notice of Claim and then assign over the right to me as the buyer on the day of completion so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the flat owner? Unfortunately the landlord is absent, so I am not sure how does it work.
  • My husband and I have been in discussion with our freeholder after having a valuation on our ground floor flat in Exmouth. We have a 67 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • My mother knows that others in the same building had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Exmouth
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Exmouth
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    Lease Extensions in Exmouth

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