Lease Extensions in Portland

Portland Lease Extensions: Q and A’s

35k agreed with the landlord, just seeking to find a Portland for a lease extension. Our lease has nearon 78 yearsunexpired lease. Are you able to help us with this situation ?

I have shares in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want to extend their leases and I'm enquiring about the procedure for this

I need to negotiate a lease extension for a flat in Portland and want to use a local . Is there a that you can recommend?

Hi. I need a to have a look at my lease extension ahead of it being formalised just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor changes.

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?

I am about to view a two bedroom apartment, although not exactly my dream 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 sixety seven years unexpired on the lease. It is also a repo so I'm guessing that the bank 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 a first time buyer of a leasehold flat in Portland. The lease has just fivety five years remaining and ground rent is £75. Is it possible for the flat owner to serve the Notice of Claim and then transfer this right to me as the buyer on the day of completion so that I can avoid waiting for the two 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 may be possible but will it be very time consuming to the seller? Unfortunately the freeholder is absent, so I am not sure how this will play out.

My brother has a share of freehold, with two other leaseholders in a building in Portland. House split into three flats. He has a lease, which has around 77 yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?

We are hoping to acquire a property (a garden flat inPortland with share of freehold). Throughout our search, we were always looking at flats that had at least eighty five years unexpired. We found a apartment we liked and the selling agent assured that the lease term was not an issue. This morning our informed us the lease only has sixety three years and therefore requires a lease extension. Do we run away, or do we reduce our offer?

We have a one bedroom second floor purpose built maisonette in Portland with a lease of 79 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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