FAQs concerning Newquay Lease Extensions

  • So this is the scenario: I invested in buying a one bedroom apartment in Newquay that I now cannot sell as a result of the lease needing a lease extension. What's your legal fee ?
  • I bought a flat in Newquay with a leasehold unexpired around 77 years and need a lease extension. Please can you clarify the next steps
  • Hello. I need someone to review my lease extension prior to it being signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
  • I own a maisonnette and the freehold. My upstairs neighbours have asked for a lease extension what do I need to do?
  • I wondered if you could help me on the likely financials and the optimum way to get a lease extension started? I have nearly sixety years unexpired lease and I own a garden flat in Newquay.
  • My wife and I have a ground floor flat in Newquay with 60 years to run. Last year we were quoted a deal to have a lease extension for another fifty years but also increase ground rent from notional to a little more..plus a premium I think of approximately 9k. Finally we have decided to go ahead but do we now have to start the negotiations again?
  • I am looking to buy a one bed flat in Newquay for asking price of 125k, which has 58 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 query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm living with my mum and dad but have a ground floor flat in Newquay let out which has a seventy four 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 Newquay 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?
  • My wife and I are aware that others in the same building had already had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you suggest this course of action?
  • I am planning on refinancing my three bed flat in Newquay and the mortgage company that I am looking to move to needs at least 80 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around seventy years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
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    Lease Extensions in Newquay

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