Recently asked questions relating to Ottery St Mary Lease Extensions

  • I inherited a flat in Ottery St Mary with a leasehold unexpired about 69 years and need to extend it. Please can you advise me of the next steps
  • Hi, I am looking somewhere around or in Ottery St Mary 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I am looking at investing in a holiday home but it has a lease that expires in fifteen years. Its in Ottery St Mary - I wanted to see if with your services this could be extended?
  • I'm intending to make an offer on a house in Ottery St Mary but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Bank of Scotland giving us the mortgage now?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Ottery St Mary, and my lease will reach 59 years this November. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I invested in buying a garden flat in Ottery St Mary. I am looking to extend lease on the property. It is roughly 80 years. I would just like to know what your charges are and how long it would take for completion.
  • I need to talk to you about an apartment in Ottery St Mary, I am considering buying at auction next week. The flat only has a few years unexpired lease and I am curious about what it would cost to get a lease extension and for your services.
  • Just been over two years that I have been in my maisonette in Ottery St Mary. I have 69 years remaining on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Ottery St Mary based conveyancing practitioners or any will do fine?
  • I own the freehold reversion of a property in Ottery St Mary and a leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has increased this to £10,000 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 LVT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • We have a studio flat in Ottery St Mary with a lease of 65 years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Ottery St Mary

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Ottery St Mary