Recently asked questions relating to Lyme Regis Lease Extensions

  • I’m about to offer on a one bed apartment to buy in the Lyme Regis area and was curious what the likely fees would be for a lease extension? It has 68 years outstanding...
  • I'm deliberating over buying a garden flat (leasehold) but the landlord has been missing for around 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to extend lease and apply for right to manage?
  • I'm looking for a flat to buy in Lyme Regis and I'm not really familiar with the leasehold tenure. I've found a place I like with a 90 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Is this a given?
  • I am looking for advice as I am interested in a property that has only a 56 year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?
  • My partner and I have owned a leasehold flat for about twenty years. There are 66 years outstanding on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate advice.
  • My partner and I are purchasing a studio flat in Lyme Regis which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to wait until the lease extension has actually been registered before completing.?
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Lyme Regis for a two bed flat - section 42 having been issued?
  • My wife and I are hoping to buy a flat (a garden flat located inLyme Regis with share of freehold). Throughout our search, we were always looking at apartments that had at least 83 years balance left. We found a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. This morning our told us the lease only has 71 years and thus requires a lease extension. Do we walk away, or should we negotiate our offer?
  • I'm looking for some help concerning a lease extension on my apartment. The intention is to do this sometime next year as we need to move 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 LVT route. You are able to recommend a good who specialises in lease extensions. Ideally based in Lyme Regis?
  • We currently own a ground floor flat in Lyme Regis and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 77 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

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