Frequently asked questions relating to Newton Ferrers Lease Extensions

  • I own a leasehold flat in the Newton Ferrers area and was enquiring whether I could get a lease extension. What are your processes and charges. Has 79 years outstanding
  • I want to acquire a leasehold property and extend the lease. The current owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I have been in touch with my freeholder to extend my lease for my flat in Newton Ferrers. Her solicitors has been in contact concerning fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started February 1993.
  • I am a FTB of a leasehold flat in Newton Ferrers. The lease has just 77 years residual lease term and ground rent is £95. Is it possible for the vendor to serve the Initial Notice and then transfer over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the homeowner? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.
  • I would like to know the likely financials and the optimum way to start the lease extension process? I have roughly fivety four years remaining and I own a garden flat in Newton Ferrers.
  • I an interested in finding out more about leasehold property buying. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Newton Ferrers area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 60 years. I need a conveyancing practitioners at my end. Can you advise please? I live near Newton Ferrers and have a mortgage with Clydesdale.
  • My OH and I have been in discussion with our freeholder after having a valuation on our garden flat in Newton Ferrers. We have a 65 year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure 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 conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • We are are hoping to complete on a studio flat in Newton Ferrers which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our conveyancers to do a pre-completion search on the property title. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we must wait pending registration of the new lease?
  • I'm looking for some advice with regard to a lease extension on my studio flat in Newton Ferrers. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Newton Ferrers

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