Common questions relating to North Plymouth Lease Extensions

  • I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in North Plymouth - I wanted to see if with your services it is possible for this to be extended?
  • 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 have been in touch with my freeholder to extend my lease for my flat in North Plymouth. His conveyancers has been in contact concerning fees etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started February 1986.
  • I inherited a one bed flat in North Plymouth. The start date for the lease was in 1997 for 99 years. Now I am looking for a lease extension. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • I am a first time buyer of a leasehold flat in North Plymouth. The lease has just 60 years balance left and ground rent is £75. Is it possible for the flat owner to serve the Section 42 Notice and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the current owner? To add to the complexity the landlord is absent, so I am not sure how this will play out.
  • We are looking to extend our lease having owned the property for 2 years as of 1st May 2015. It has roughly sixety five years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.
  • My son has a share of freehold, with two other leaseholders in a building in North Plymouth. House converted into three flats. He has a lease, which has nearly 64 yrs unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • My brother and I would like to know the cost of a lease extension valuation for a property based in North Plymouth. Is this something you can assist us with?
  • I'm living with my mum and dad but have a garden flat in North Plymouth let out which has a sixety nine year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in North Plymouth for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to buy in North Plymouth. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
  • Other Topics

    Lease Extensions in North Plymouth

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