Top Ten Questions relating to Port Isaac Lease Extensions

  • My name´s Thomas. I’m property hunting in Port Isaac I'm seeing a one bedroom apartment online, with roughly 77 years unexpired lease, how much will it likely cost to get a lease extension by, say, thirty years?
  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leasehold owners want to extend their leases and I'm curious about the the process
  • We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 928 years left 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 correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any help would be much appreciated.
  • The terms for the lease on my apartment in Port Isaac are 99 years from 10 Sep 1980. Can you provide me a quote for a lease extension if I give you more details please?
  • We have a first floor flat in Port Isaac with sixety three years unexpired. Ten months ago we were quoted a deal to have a lease extension for another 25 years but also uplift the ground rent from nominal to £300 per annum..plus a premium I think of about 10k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • My leasehold flat in Port Isaac is up for sale and I have a hopefully firm offer. There is eighty one years to run on the lease and I want a lease extension. What does it cost on average to get a lease extension by, say,fifty years
  • I am looking to extend the lease on my one bed flat in Port Isaac I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Port Isaac. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.
  • We have been in discussion with our freeholder after having a valuation on our three bedroom first floor purpose built maisonette in Port Isaac. We have a 68 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount 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 to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I have a lease of 75 years remaining on my flat in Port Isaac. 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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