Martock Lease Extensions Example Support Desk Enquiries

  • I have shares in the freehold of buildings comprising of 8 flats each. 2 of the leaseholders want to extend their leases and I'm wondering about the the process
  • I am looking for a lease extension on the lease on my 2 bed conversion flat in Martock which will have sixety eight years unexpired lease in June. What fees do you charge for this?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has seventy nine years unexpired.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I am a FTB of a leasehold flat in Martock. The lease has just 64 years balance left and ground rent is £75. Is it possible for the seller to serve the Notice of Claim and then transfer over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the seller? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.
  • We have a one bedroom flat located in Martock. There is 80 years unexpired on the lease and we want a lease extension. What does it cost on average to get a lease extension by, say,thirty years
  • I am looking to buy a one bed flat in Martock for asking price of 145k, which has 77 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy five years. I need a property lawyers at my end. Can you advise please? I live near Martock and have a mortgage with Coventry Building Society.
  • Coming up to two years that I have owned my one bedroom second floor purpose built flat in Martock. I have sixety yrs unexpired lease on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Martock based solicitors or any will do fine?
  • I'm looking for some advice with regard to a lease extension on my one bed flat in Martock. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Martock

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