Common questions relating to Minehead Lease Extensions

  • I invested in buying a flat in Minehead with a leasehold unexpired around 73 years and need to extend it. Please can you advise me of the next steps
  • I think our conveyancers has advised us incorrectly concerning a lease extension and I want to find out how to complain
  • I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in Minehead - I wanted to see if with your services this could be extended?
  • Do you only advise on lease extensions in Minehead? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a conveyancers.
  • I plan on buying a flat based in Minehead. My offer is conditional upon a lease extension. The homeowner’s conveyancers has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am a first time buyer of a leasehold flat in Minehead. The lease has just fivety nine years balance left and ground rent is £25. Is it possible for the vendor to serve the Initial Notice and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the two 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 seller? To add to the complexity the freeholder can not be found, so I am not sure how this will play out.
  • I am a landlord of a block of flats in Minehead, and the leaseholders are in the process of being issued lease extensions. I should hopefully get the money within a month or so. How does the tax work, the property is co-owned with my husband ?
  • We are looking to extend our lease having owned the property for two years as of 22nd March 2016. It has slightly more than 71 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as possible.
  • I intend to buy a one bed flat in Minehead for asking price of 145k, which has 79 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?
  • My and my partner know that others in the same block previously had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you recommend this course of action?
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    Lease Extensions in Minehead

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