Examples of recent questions relating to Lease Extensions in Freshwater

  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 928 years remaining so a lease extension is not a concern. 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 true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any advice would be much appreciated.
  • I am looking to buy a one bedroom apartment in Freshwater with a lease of 61 years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I inherited a garden flat in Freshwater. The start date for the lease was in 1991 for 99 years. Now I am wanting for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • My co-lessees and I are in a block consisting of five flats in Freshwater and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • The terms for the lease on my apartment in Freshwater are 95 years from 10 Dec 1980. Please supply me me a quote for a lease extension if I give you more details please?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Freshwater. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I require an estimate to extend my mum’s lease on a two bedroom first floor purpose built flat in Freshwater. She recently got a figure from the freeholder for a lease extension but I am not sure it is too high.
  • We currently own a ground floor flat in Freshwater 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 fivety nine 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 freeholder first and will they be able to give me a cost?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Freshwater

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