Recently asked questions relating to Port Isaac Lease Extensions

  • I think our lawyers has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint
  • I am looking to extend the lease on my ground floor flat in Port Isaac which will have 74 years left in January. What fees are applicable?
  • I own a leasehold flat in the Port Isaac area and was wondering whether I could obtain a lease extension. What are your processes and fees. Has sixety one years outstanding
  • I am a FTB of a leasehold flat in Port Isaac. The lease has just seventy years left and ground rent is £75. Is it possible for the seller to serve the Initial Notice and then transfer this right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the owner? To add to the complexity it’s the case of an missing landlord, so I am not sure how this will play out.
  • Regarding a property in Port Isaac. GFF maisonette. sixety eight yrs remaining. I have an agreed lease extension to £14k for 115yrs. Landlord also requested Section 42 Notice which I think should not be required. Can you assist.
  • I an interested in finding out more about leasehold property buying. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Port Isaac area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • We would like to know the cost of a lease extension valuation for a property based in Port Isaac. Would you be able to help?
  • We have been in discussion with our freeholder after having a valuation on our one bed flat in Port Isaac. We have a sixety three year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Port Isaac
  • I am currently negotiating a lease extension for my flat in Port Isaac 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?
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    Lease Extensions in Port Isaac

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