Questions and Answers: North Plymouth Lease Extensions

  • My partner has an apartment in North Plymouth which we have just put on the market. The leasehold has around sixety four 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 am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 75 years remaining.
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 899 years left so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any help would be much appreciated.
  • Hi. I need someone to review my lease extension before it's formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
  • I need to talk to you about a leasehold property in North Plymouth, I am thinking of buying at auction in the next few days. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
  • Ref a property in North Plymouth. lower maisonette. 64 yrs left. I have negotiated a lease extension price of £20k for 135yrs. Freeholder also requested Notice of Claim which I think should not be required. Advice required.
  • We have a one bedroom flat located in North Plymouth. There is 80 years to run on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,fifty years
  • We would like to extend our lease having owned the place for 2 years as of 6th April 2015. It has around 59 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as possible.
  • My conveyancing practitioners (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?
  • I am planning on remortgaging my ground floor flat in North Plymouth and the mortgage company that I am looking to switch to requires at least 85 years remaining on the lease in order for them to take the mortgage forward. I have discovered that I currently have around sixety six years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
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    Lease Extensions in North Plymouth

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