Frequently asked questions relating to Montacute Lease Extensions

  • I acquired a one bedroom apartment in Montacute that I now cannot sell due to the lease requiring a lease extension. Are you willing to help me with this situation ?
  • I have shares in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want a lease extension and I'm curious about the the process
  • I purchased a one bed flat in Montacute with a leasehold unexpired of seventy five years. I am wondering about what it will cost me to extend my lease term
  • My neighbours and I are in a building comprising five flats in Montacute and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I own a leasehold flat in Montacute. I have built a large extension and have not informed my freeholder. What are my options?
  • I am a landlord of a block of flats in Montacute, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving the money next week. Are there any tax implications, the property is co-owned with my wife ?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • My partner and I would like to know the cost of a lease extension valuation for a property based in Montacute. Is this something you can help us with?
  • It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my three bed flat in Montacute
  • We have a garden flat in Montacute with a lease of sixety nine years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Montacute