Okehampton Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Okehampton Lease Extensions
My fiance and I are looking for lease extension for our two bed flat in Okehampton and we don't fully comprehend the communication that we received from our landlord company. How long will it take?
My name´s Leo. I’m house hunting in Okehampton I'm considering offering on a garden flat online, with just over sixety two years outstanding, how much does it cost on average to get a lease extension by, say, twenty years?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Okehampton, and my lease will reach sixety two years this December. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
The terms for the lease on my apartment in Okehampton are 101 years from 12 Jan 1990. Can you supply me me a quote to extend the lease if I give you more specifics please?
I am concerned that my niece is being hoodwinked. She submitted an offer on a one bedroom second floor purpose built maisonette in Okehampton, where the lease is nearly 60 years but she was advised by the estate agents that the flat owner had extended it to 99 years. She has now been advised the vendor was holding off for her to instruct lawyers ahead of instigating the lease extension. Sounds underhand, also it could take time to sort it all out. Am I reading too much into it?
Me and my fiance are proceeding with buying a one bedroom second floor purpose built flat in Okehampton. I was advised by the EA that the lease extension had already been completed while on a viewing (74 years outstanding prior to extension). The sales particulars stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The homeowner supposedly has a quote but no funds to extend as a result the homeowner wishes to exchange and use the deposit monies to extend the lease. My question is why has this only just been brought to my attention by my conveyancing practitioners?
I'm living at parents but have a garden flat in Okehampton 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 Okehampton 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 21k. Not sure sure whether to hold on or sell the flat?
I'm looking at purchasing a flat in Okehampton valued at £256,000 the flat has approaching 70 years remaining on the lease. I put in an offer conditional upon the lease being extended... .. that was back in August, hoping I'd have moved in before Christmas. They have just come back saying they are willing to knock £3k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
We are purchasing a garden flat in Okehampton which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our property lawyers to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our lawyers 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 have to wait pending registration of the new lease?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Okehampton