Lease Extensions in Ivybridge

Ivybridge Lease Extensions Example Support Desk Enquiries

I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has fivety six years residual lease term.

I have a lease of 56 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I'm deliberating over purchasing a two bedroom ground floor purpose built flat (leasehold) but the landlord has been missing for about 15yrs. I wonder whether it will be cheaper to try to purchase the reversionary title or to get a lease extension and apply for RTM?

The terms for the lease on my apartment in Ivybridge are 95 years from 15 Dec 1988. Please give me a quote to extend the lease if I give you more information please?

I'm looking for an apartment to buy in Ivybridge and I'm not really familiar with the leasehold concept. I've found a garden flat I like with a 91 years lease. My research reveals that I can go for a lease extension after 2 years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?

Me and my sister had entered into a purchase of a three bedroom first floor purpose built flat in Ivybridge. I was advised that the lease had been extended (fivety eight years left prior to extension). The sales particulars stated "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The seller supposedly has a quote but no funds to extend and consequently the flat owner wishes to exchange and use the 10% deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?

I own a purpose-built flat based in a large block in Ivybridge. The leasehold interest in the apartment on a 101 year lease started on 2nd October 1970 with a fixed ground rent of £15 per annum. I wish to obtain a lease extension. Is it possible for me to talk with someone to discuss my options please?

Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Ivybridge for a one bed flat - section 42 having been issued?

I know that others in the same block previously had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on previous premiums paid . This would save on double valuation charges. Would you suggest this course of action?

I am currently negotiating a lease extension for my flat in Ivybridge as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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