Common questions relating to North Plymouth Lease Extensions

  • My name´s William. I’m flat hunting in North Plymouth I'm seeing a garden flat online, with approximately 64 years left, how much does it cost on average to extend in this location by, say, twenty years?
  • Hi. I need someone to have a look at my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor changes.
  • I invested in buying a maisonette in North Plymouth with a leasehold unexpired of 72 years. I am enquiring about how much I will need to spend to extend my lease
  • I purchased a one bed flat in North Plymouth. I am looking for a lease extension on the property. It is approximately eighty years. I would just like to know what your charges are and how long it would take for completion.
  • I am a first time buyer of a leasehold flat in North Plymouth. The lease has only fivety four years unexpired and ground rent is £95. Is it possible for the flat owner to serve the Section 42 Notice and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the two 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 legal but will it be very time costly to the vendor? To add to the complexity it’s the case of an missing landlord, so I am not sure how this will play out.
  • 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?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in North Plymouth
  • Me and my sister are purchasing a three bedroom first floor purpose built maisonette in North Plymouth which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced extending the lease. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must hold on until the lease extension has actually been registered before completing.?
  • My wife and I are in the throws of buying a property (a garden flat inNorth Plymouth with share of freehold). During our search, we were always looking at properties that had at least ninety years unexpired. We found a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Today our informed us the lease only has 62 years and thus requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I'm looking for some help concerning extending the lease on my maisonette. I'll be looking to do this sometime next year as we need to move 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. You are able to recommend a good who specialises in lease extensions. Ideally based in North Plymouth?

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