Mevagissey Lease Extensions: Q and A’s

  • I bought a flat in Mevagissey with a leasehold unexpired about 73 years and need to extend it. Please can you clarify the next stages
  • I'm about to make an offer on a house in Mevagissey but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Leeds Building Society giving us the mortgage now?
  • I'm planning on purchasing a 2 bed flat (leasehold) but the freeholder has been missing for circa 15yrs. I wonder whether it will be less expensive to try to acquire the reversionary title or to get a lease extension and apply for right to manage?
  • Possibly made an error, I am searching for a property lawyers in Mevagissey who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a three bed flat in Mevagissey, where the lease is nearly 56 years but she was advised by the estate agents that the seller had extended it to 125 years. She has now been informed the seller was waiting for her to retain lawyers before commencing with the lease extension. Seems odd to me, also it may take months to sort it all out. Am I reading too much into it?
  • I am a freeholder of a block of flats in Mevagissey, and the leaseholders are in the process of being given lease extensions. I should hopefully get the money next month. As I am not on self assessment do I contact the tax man ?
  • I am looking to buy a one bed flat in Mevagissey for asking price of 145k, which has 66 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 the freeholder 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 garden flat in Mevagissey let out which has a 64 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 Mevagissey 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 13k. Not sure sure whether to hold on or sell the flat?
  • Do you handle lease extensions on land? (a plot of land in Mevagissey with 82yrs remaining)
  • We have a three bedroom second floor purpose built maisonette in Mevagissey with a lease of seventy nine years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Mevagissey

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