Ilfracombe Lease Extensions: Q and A’s

  • I own a flat in Ilfracombe with a leasehold unexpired around 59 years and need a lease extension. Please can you advise me of the next steps
  • I want to acquire a leasehold property and extend the lease. The homeowner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I will soon view a two bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has sixety six years left on the lease. It is also a repossession so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • What will I need to spend and what is the best way to start the lease extension process? I have about sixety nine years remaining on my lease on a garden flat in Ilfracombe. I have emailed the agent who represent the landlord and they gave me the number of the surveyor. I have contacted the valuer but I am not receiving any calls back.
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I would like some help on purchasing a leasehold residence. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Ilfracombe area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • Me and my husband would like to know the cost of a lease extension valuation for a property based in Ilfracombe. Is this something you can help us with?
  • My fiance and I are in the throws of buying a flat (a garden flat based inIlfracombe with share of freehold). Throughout our search, we were always looking at flats that had at least eighty five years left on the lease. We came across a place we liked and the estate agent promised us that the lease was long albeit not specifying a number. This morning our advised us the lease only has fivety nine years and therefore needs a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my 2 bed flat in Ilfracombe
  • I have a lease of sixety nine years remaining on my flat in Ilfracombe. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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