Questions and Answers: Padstow Lease Extensions

  • 35k agreed with the landlord, just seeking to find a Padstow solicitors for a lease extension. Our flat has about fivety nine yearsleft. How long will this take ?
  • I’m about to offer on a a property to purchase in the Padstow area and was enquiring what the likely fees would be for a lease extension? It has seventy five years outstanding...
  • I have shares in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leaseholders want to extend their leases and I'm curious about the procedure for this
  • I am looking to extend the lease on my ground floor flat in Padstow which will have 72 years unexpired lease in January. What fees do you charge for this?
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 years remaining so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
  • I need to talk to you about a flat in Padstow, I am considering bidding at auction in the next few days. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • My partner and I have a first floor flat in Padstow with 56 years remaining. Ten months ago we were quoted a deal to grant a lease extension for another fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 14k. We have now decided to proceed but do we now have to start the negotiations again?
  • I require an estimate to extend my mum’s lease on a studio flat in Padstow. She recently got a figure from the landlord for a lease extension but I am not sure it is reasonable.
  • I am currently in the process of remortgaging my studio flat in Padstow and the bank that I am looking to switch to requires a minimum 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around sixety seven years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • We currently own a garden flat in Padstow and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 67 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
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    Lease Extensions in Padstow

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