Frequently asked questions relating to Midsomer Norton Lease Extensions

  • My name´s Kian. I’m house hunting in Midsomer Norton I'm considering offering on a maisonette online, with approximately 56 years left, how much does it cost on average to extend in this location by, say, twenty years?
  • I want to acquire a leasehold property and lease extension. The vendor has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am about to put an offer in on a studio flat in Midsomer Norton with a lease of 66 years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • 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 acquired a garden flat in Midsomer Norton. The start date for the lease was in 1991 for 99 years. Now I am looking for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • I'm deliberating over purchasing a maisonette (leasehold) but the freeholder has been absent for circa 15yrs. My question is would it be cheaper to try to purchase the freehold or to extend lease and apply for right to manage?
  • I'm looking for an apartment to purchase in Midsomer Norton and I'm not really familiar with the leasehold arrangement. I've found a one bedroom apartment I like with a 82 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 about to view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy seven years residual lease term on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • We are in the throws of buying a flat (a ground floor flat inMidsomer Norton with share of freehold). During our search, we were always looking at apartments that had at least 84 years balance left. We identified a place we fell in love with and the estate agent promised us that the lease term was not an issue. This morning our conveyancers informed us the lease only has sixety one years and thus needs a lease extension. Do we run away, or should we negotiate our offer?
  • I'm looking for some advice with regard to a lease extension on my one bed flat in Midsomer Norton. 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. Can you recommend a good conveyancing practitioners who specialises in lease extensions?
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    Lease Extensions in Midsomer Norton

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