Top Ten Questions relating to Lyme Regis Lease Extensions

  • My name´s Kian. I’m house hunting in Lyme Regis I'm seeing a garden flat online, with nearly 78 years remaining, how much will it likely cost to extend in this area by, say, fifty years?
  • Hello, I just randomly found your website. I'm seeking prices on what a lease extension will cost for a ground floor flat in Lyme Regis. It's up for sale at the moment but has roughly 59 years remaining on the lease
  • I have shares in the freehold of buildings comprising of 8 flats each. Two of the leaseholders want a lease extension and I'm curious about the the process
  • I own a property in Lyme Regis and it has just under 73 years outstanding. I'd like to extend the lease period
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years unexpired so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any information would be much appreciated.
  • I am the owner of a maisonnette and the freehold of both flats. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I plan on buying a flat in Lyme Regis. My offer is conditional upon a lease extension. The seller’s conveyancing practitioners has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender HSBC Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • I inherited a ground floor flat in Lyme Regis. I am looking to extend lease on the property. It is circa eighty one years. I would just like to know what your charges are and how long the process takes.
  • I am the freeholder of a property in Lyme Regis and a leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bedroom ground floor purpose built flat in Lyme Regis
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    Lease Extensions in Lyme Regis

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