Top Ten Questions relating to Helston Lease Extensions

  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Helston, and my lease will reach sixety four years this November. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I am looking to either purchase the freehold or a lease extension of my property in Helston and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with TSB to free up equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease started in 1972 and since then the ground rent has been raised from £38.00 per year to £125 per annum.
  • I am concerned that my daughter might have had the wool pulled over her eyes. She put in an offer on a 2 bed flat in Helston, where the lease is slightly less seventy nine years but she was told by the estate agents that the vendor had extended it to 125 years. She has now been told the current owner was holding off for her to retain solicitors prior to commencing with the lease extension. Sounds underhand, also it could take time to sort it all out. What do you think?
  • My mortgage provider is requesting several hundred pounds for their to agree a lease extension for my flat in Helston... I am unable to find any mention of this in my mortgage contract... is this a normal cost that they charge?
  • I am a landlord of a block of flats in Helston, and the tenants are in the process of being given lease extensions. I anticipate receiving the money next month. As I am not on self assessment do I contact the tax authorities ?
  • My husband and I have a GFF located in Helston. There is eighty years remaining on the lease and we want a lease extension. What does it cost on average to extend in this location by, say,35 years
  • I an interested in finding out more about purchasing a leasehold residence. We are going to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Helston area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • My fiance and I have owned a leasehold flat for about fifteen years. It now has 61 years unexpired lease on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
  • I am planning on refinancing my studio flat in Helston and the next lender that I am looking to switch to needs at least 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around sixety three years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • We have a one bedroom first floor purpose built maisonette in Helston with a lease of 65 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?

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