Questions and Answers: Martock Lease Extensions

  • My wife and I have just acquired a garden flat inMartock and I'm deliberating a lease extension as soon as possible e.g. in a couple of years
  • Think I may have made a mistake, I am searching for a in Martock who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • My mortgage lender is requesting a £500 fee for their for a "deed of substituted security" for the lease extension for my flat in Martock... I am unable to find any mention of this in my mortgage booklet... is this a standard charge?
  • My wife and I have a one bedroom flat based in Martock. There is 80 years remaining on the lease and we want a lease extension. What does it cost on average to extend in this area by, say,twenty years
  • My brother has a share of freehold, with two other leaseholders in a building in Martock. House divided into three flats. He has a lease, which has about seventy four yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • If somebody 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 doing it?
  • I have a flat in Martock with 68 years left on the lease. I need a to act for me to get a lease extension. Can you assist?
  • I am the freeholder of a property in Martock where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this by £2,000 without too much effort. My surveyor has put forward a much higher figure. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to incur?
  • I am currently in the process of remortgaging my garden flat in Martock and the bank that I am looking to switch to requires at least 80 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around 63 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • Do you handle lease extensions on land? (a plot of land in Martock with 82yrs remaining)

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