FAQs concerning Poundbury Lease Extensions

  • 20,000 agreed with the freeholder, just attempting to find a Poundbury for a lease extension. Our lease has nearly 69 yrsoutstanding. Are you willing to help us with this situation ?
  • I need to negotiate a lease extension for a flat in Poundbury and want to use a local . Are you able to help me find a ?
  • I'm about to make an offer on a house in Poundbury but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect HSBC Bank giving us the mortgage now?
  • I want to purchase a leasehold property and extend the lease. The homeowner has been there for three 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 ?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has fivety six years outstanding.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Poundbury, and my lease will reach fivety nine years this October. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • My brother has a share of freehold, with two other leaseholders in a building in Poundbury. House split into three apartments. He has a lease, which has just under fivety four yrs unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • Just been over 2 years that I have been in my maisonette in Poundbury. I have fivety five yrs outstanding on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Poundbury

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