FAQs concerning Minehead Lease Extensions

  • 40k agreed with the landlord’s agents, just trying to find a Minehead for a lease extension. Our lease has slightly less sixety five yrsleft. How long will this take ?
  • Hi. I need a to review my lease extension before it's signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small variations.
  • The terms for the lease on my apartment in Minehead are 101 years from 15 Jan 1989. Can you give me a quote for a lease extension if I give you more specifics please?
  • Is it possible to talk with you about an apartment in Minehead, I am thinking of buying at auction next week. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
  • I am a first time buyer of a leasehold flat in Minehead. The lease has only 55 years left and ground rent is £50. Is it possible for the homeowner to serve the Initial Notice and then assign this right to me as the purchaser 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 legal but will it be very time consuming to the owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.
  • I am a landlord of a block of flats in Minehead, and the lessees 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 get in touch with HMRC ?
  • My apartment in Minehead is up for sale and I have a hopefully firm offer. There is eighty one years unexpired on the lease and I want a lease extension. What does it cost on average to extend in this location by, say,thirty years
  • Just been over 2 years that I have been in my 2 bed flat in Minehead. I have sixety yrs remaining on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 425k. 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)?
  • I require an estimate to extend my aunt’s lease on a one bed flat in Minehead. She already has a price from the landlord for a lease extension but I am far from certain if it is too expensive.
  • We currently own a one bedroom ground floor purpose built flat in Minehead and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 55 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?

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