FAQs concerning Plymouth Lease Extensions

  • I am about to put an offer in on a maisonette in Plymouth with a lease of 64 years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I inherited a garden flat in Plymouth. I am looking to extend lease on the property. It is circa 80 years. I would just like to know what your charges are and how long it would take for completion.
  • I am a landlord of a block of flats in Plymouth, and the lessees are in the process of being given lease extensions. I anticipate receiving funds next week. Are there any tax implications, the property is co-owned with my husband ?
  • I am thinking about purchasing an auction property and found a studio flat in Plymouth. It only has a 49 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 huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Virgin Money?
  • We would like to extend our lease having owned the property for two years as of 22nd March 2016. It has nearon 72 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
  • 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 an interested in finding out more about purchasing a leasehold residence. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Plymouth area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • My dad has a share of freehold, with two other leaseholders in a building in Plymouth. House divided into three flats. He has a lease, which has roughly seventy four years left. 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 OH and I are purchasing a two bedroom first floor purpose built flat in Plymouth which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The seller has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our property lawyers to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to wait until the lease extension has actually been registered before completing.?
  • Me and my sister are hoping to buy a property (a ground floor flat based inPlymouth with share of freehold). Throughout our search, we were always looking at flats that had a minimum 84 years unexpired. We found a place we liked and the selling agent assured that the lease term was not an issue. This morning our lawyers informed us the lease only has sixety seven years and thus needs a lease extension. Do we run away, or should we negotiate our offer?
  • Other Topics

    Lease Extensions in Plymouth

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