Common questions relating to Ilminster Lease Extensions

  • My wife has an apartment in Ilminster which we are about to put on the market. The leasehold has circa 60 years outstanding on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.
  • I own a property in Ilminster and it has nearon fivety seven years balance left. I'd like to extend the lease period
  • I am interested in getting a lease extension for a flat in Ilminster and want to use a local . Is there a that you can recommend?
  • I am in need of a lease extension for my flat in Ilminster and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I an interested in finding out more about leasehold property buying. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Ilminster area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • If a leaseholder owns a flat with a lease of under 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?
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my two bedroom first floor purpose built flat in Ilminster
  • We know that others in the same building previously had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on on the prices by others . This would save on double valuation charges. Would you suggest this course of action?
  • I have seventy five years remaining on my lease of a ground floor flat in Ilminster, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • 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 Ilminster

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