Recently asked questions relating to Ilminster Lease Extensions

  • So this is the scenario: I bought a studio flat in Ilminster that I now cannot sell due to the lease requiring a lease extension. How long will it take ?
  • I inherited a flat in Ilminster with a leasehold unexpired approximately seventy eight years and need a lease extension. Please can you clarify the next steps
  • I'm about to make an offer on a house in Ilminster but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Clydesdale giving us the mortgage now?
  • I am looking for a conveyancing practitioners in Ilminster and they need to be on the Halifax approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
  • Regarding a leasehold in Ilminster. GFF maisonette. fivety nine yrs left. I have negotiated a lease extension price of £12,000 for 125yrs. Freeholder also requested Section 42 Notice which I think is a bit over the top. Can you assist.
  • We are considering buying a two bedroom ground floor purpose built flat in Ilminster which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
  • I am seeking advice as I am interested in a property that has only a sixety eight year lease and therefore requires a lease extension. Can I call someone to discuss my options please?
  • I'm intent on acquiring an apartment in Ilminster valued at £195,000 the flat has approaching seventy years unexpired on the lease. I put in an offer conditional upon the lease being extended... .. that was back in November, hoping I'd have moved in before now. The owner has just informed the agent that they are prepared to reduce the price by£8k if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I am currently in the process of remortgaging my ground floor flat in Ilminster and the bank that I am looking to move to requires at least 85 years on the leasehold of my property in order for them to take the mortgage forward. I have discovered that I currently have around 73 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Ilminster. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Ilminster

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