North Plymouth Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to North Plymouth Lease Extensions
My partner has an apartment based in North Plymouth which we are about to put on the market. The leasehold has nearly sixety three years left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been missing for nearon 15yrs. I wonder whether it will be cheaper to try to acquire the freehold or to get a lease extension and apply for RTM?
I bought a garden flat in North Plymouth. I am looking for a lease extension on the property. It is around eighty years. I would just like to know what your charges are and how long it would take for completion.
We purchased a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in North Plymouth and are therefore thinking about the option of a vesting order. Is this something you can help us with?
What will I need to spend and what is the best way to start the lease extension process? I have circa sixety two years outstanding on my lease on a one bedroom second floor purpose built flat in North Plymouth. I have contacted the managing agents who represent the freeholder and they sent me the number for the surveyor. I telephone the surveyor but I am not receiving any kind of answer.
I own a share of the freehold. There are four apartments in the block. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
I am looking to extend the lease on my three bed flat in North Plymouth I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
If a leaseholder owns a flat with a lease of under 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'm looking at purchasing an apartment in North Plymouth at a price of £256,000 the flat has approximately seventy eight years left on the lease. My offer was subject to the lease being extended... .. that was back in August, hoping I'd be in by Christmas. The owner has just informed me they are willing to reduce the price by£2k if I deal with the lease extension myself. I'm unsure whether that's a good idea