Newton Abbot Lease Extensions: Q and A’s

  • My partner has a flat in Newton Abbot which we are about to put on the market. The leasehold has around 77 years remaining on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Thank you.
  • I'm planning to make an offer on a house in Newton Abbot but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Chelsea Building Society giving us the mortgage now?
  • The terms for the lease on my flat in Newton Abbot are 99 years from 14 Dec 1990. Can you supply me me a quote to extend the lease if I give you more information please?
  • How much will it cost me and what is the best way to get a lease extension started? I have nearon seventy seven years left on my lease on a 2 bed flat in Newton Abbot. I have called the managing agents who represent the freeholder and they provided me with the number of the surveyor. I left a phone message for the valuer but I am not getting any returned calls.
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • Coming up to two years that I have been in my one bedroom apartment in Newton Abbot. I have fivety six yrs remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. 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 legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • If somebody 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 extending the lease?
  • I have a flat in Newton Abbot with fivety seven years left on the lease. I need a to act for me to get a lease extension. Can you help?
  • Just a quick one, how much does it cost for a lease extension on a residential property in Newton Abbot for a one bed flat - section 42 is already in place?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Newton Abbot

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