FAQs concerning Portland Lease Extensions

  • I want to buy a leasehold property and extend the lease. The vendor has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I acquired a one bed flat based in Portland with a leasehold unexpired of sixety seven years. I am enquiring about what it will cost me to extend my leasehold
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Portland, and my lease will reach 65 years this January. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • The terms for the lease on my flat in Portland are 99 years from 15 Sep 1990. Please give me a quote to extend the lease if I give you more information please?
  • I will soon view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has seventy five years residual lease term on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I am considering buying an auction property and identified a one bed flat in Portland. It has just fifty-one year lease..the current owner as mortgagees in possession will not want to mess around with seeking a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Platform Home Loans Ltd?
  • 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?
  • My fiance and I have been in discussion with our freeholder after having a valuation on our maisonette in Portland. We have a seventy eight year lease and we wish to increase this to 99. The Freeholder has supplied 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 property lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I'm seeking some advice concerning a lease extension on my maisonette. The intention is to do this in six months time as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. You are able to recommend a good conveyancing practitioners who specialises in lease extensions. Ideally based in Portland?
  • I have a lease of 75 years remaining on my flat in Portland. 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?
  • Other Topics

    Lease Extensions in Portland

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