Plymouth Lease Extensions

Examples of recent questions relating to Lease Extensions in Plymouth

My wife and I are seeking a lease extension for our ground floor flat in Plymouth and we are confused by the letter that we received from our landlord company. Are you willing to assist us with this situation?

I am looking to extend the lease on my garden flat in Plymouth which will have 60 years remaining in August. What fees are applicable?

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 67 years remaining.

I am going to purchase a flat located in Plymouth. The offer is subject to the lease extension. The owner’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Aldermore. Moreover, which are the following lease extension steps to complete the purchase?

My neighbours and I are in a block containing four flats in Plymouth and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

Although I do not need a lease extension but I do need a vesting order on a property I want to acquire in Plymouth. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.

I am planning on remortgaging my garden flat in Plymouth and the mortgage company that I am looking to switch to requires at least 85 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around 76 years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension

I am currently negotiating a lease extension for my flat in Plymouth as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

We have a ground floor flat in Plymouth with a lease of 69 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

I have a lease of 68 years remaining on my flat in Plymouth. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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