Questions and Answers: Mablethorpe Lease Extensions

  • Hi, I stumbled across this website. I'm seeking prices on what it cost to extend a lease of a maisonette located in Mablethorpe. It's up for sale at the moment but has nearly sixety two years left on the lease
  • I acquired a property in Mablethorpe and it has roughly sixety seven years residual lease term. I'd like to extend the lease period
  • I am interested in getting a lease extension for a flat in Mablethorpe and want to use a local . Are you able to help me find a ?
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 798 years residual lease term so a lease extension is not required. 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any help would be much appreciated.
  • I am a landlord of a block of flats in Mablethorpe, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving the money within a month or so. As I am not on self assessment do I write to the Inland Revenue ?
  • Offer accepted on a a ground floor flat in Mablethorpe, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.We are soon to exchange contracts in a couple of days. My query is why has this only just come to my attention by my ?
  • I am looking to buy a one bed flat in Mablethorpe for asking price of 125k, which has 55 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm living at mother and father but have a studio flat in Mablethorpe let out which has a fivety six year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Mablethorpe for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • Just been over 2 years that I have been in my ground floor flat in Mablethorpe. I have seventy eight yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
  • Do you handle lease extensions on land? (a plot of land in Mablethorpe with 82yrs remaining)

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