Newton Abbot Lease Extensions: Q and A’s

  • My partner has a flat in Newton Abbot which we have just put on the market. The leasehold has circa 60 years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I acquired a property in Newton Abbot and it has slightly less than 78 years remaining. I'd like to arrange a lease extension by twenty years
  • The terms for the lease on my flat in Newton Abbot are 99 years from 15 Jan 1988. Please supply me me a quote to extend the lease if I give you more details please?
  • I am considering purchasing an auction property and came upon a one bed flat in Newton Abbot. It has just fifty year lease..the vendor being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this except for the expensive fee to extend the lease and decreased chance of getting a mortgage with Barnsley Building Society?
  • I an interested in finding out more about leasehold property buying. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Newton Abbot area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Newton Abbot. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • Me and my fiance have been in discussion with our freeholder after having a valuation on our ground floor flat in Newton Abbot. We have a seventy two year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I have sixety six years remaining on my lease of a ground floor flat in Newton Abbot, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Newton Abbot
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    Lease Extensions in Newton Abbot

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