North Plymouth Lease Extensions: Q and A’s

  • My name´s Jonathan. I’m property hunting in North Plymouth I'm considering offering on a ground floor flat online, with approximately 57 years outstanding, how much will it likely cost to extend in this location by, say, fifty years?
  • I think our conveyancers has advised us incorrectly concerning a lease extension and I want to find out how to complain
  • We hope to sell our studio flat in North Plymouth but we may require a lease extension, or at least cover the costs of our buyers. Are you able to suggest a conveyancers to handle this?
  • I have my suspicions that my daughter is being hoodwinked. She put in an offer on a studio flat in North Plymouth, where the lease is around sixety one years but she was advised by the selling agents that the homeowner had extended it to 125 years. Only now has she been advised the flat owner was waiting for her to retain lawyers prior to commencing with the lease extension. Seems odd to me, also it could take time to sort it all out. Am I being too sceptical?
  • I am considering purchasing an auction property and found a two bed flat in North Plymouth. It only has a 48 year lease..the seller being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the disadvantages of this except for the costly fee to extend the lease and reduced chance of obtaining a mortgage with Clydesdale?
  • 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 own a purpose-built apartment located in a small block in North Plymouth. The leasehold interest in the flat on a 99 year lease started on 1 November 1980 with a fixed yearly rent of 45. I wish to obtain a lease extension. Can I talk with someone to go through my options please?
  • If somebody owns a flat with a lease of less than 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 have a flat in North Plymouth with seventy three years remaining on the lease. I need a solicitors to act for me to obtain a lease extension. Can you assist?
  • I own the freehold reversion of a property in North Plymouth and a leaseholder would like a lease extension. Her valuer has provided a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
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    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