Poringland Lease Extensions

Recently asked questions relating to Poringland Lease Extensions

So this is the scenario: I own a garden flat in Poringland that I am now unable to sell due to the lease needing a lease extension. Are you willing to help me with this situation ?

My name´s Owen. I’m flat hunting in Poringland I'm considering offering on a maisonette online, with roughly seventy years remaining, how much does it cost on average to get a lease extension by, say, 35 years?

I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm curious about the the process

I want to acquire a leasehold property and lease extension. The flat owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

What will I need to spend and what is the best way to start the lease extension process? I have around 70 years outstanding on my lease on a three bedroom second floor purpose built maisonette in Poringland. I have called the managing agents who represent the freeholder and they gave me the number of the surveyor. I telephone the surveyor but I am not receiving any returned calls.

I am looking to buy a one bed flat in Poringland for asking price of 156k, which has 56 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I am looking for advice as I am interested in a property that has only a sixety eight year lease and therefore requires a lease extension. Can I call someone to go through my options please?

Me and my husband are in the throws of buying a property (a garden flat inPoringland with share of freehold). Throughout our search, we were always looking at flats that had at least ninety years remaining. We identified a flat we fell in love with and the estate agent promised us that the lease term was not an issue. Yesterday our advised us the lease only has seventy one years and therefore requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

My daughter is aware that others in the same block previously had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Would you recommend this course of action?

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