Frequently asked questions relating to Ramsey Lease Extensions

  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has sixety three years outstanding.
  • I am looking into the costs of carrying out a lease extension for my studio flat in Ramsey, and would like some figures on that.
  • I am a first time buyer of a leasehold flat in Ramsey. The lease has only fivety nine years balance left and ground rent is £50. Is it possible for the flat owner to serve the Section 42 Notice and then transfer this right to me as the purchaser 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 may be possible but will it be very time costly to the homeowner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
  • I have my suspicions that my niece might have had the wool pulled over her eyes. She submitted an offer on a maisonette in Ramsey, where the lease is nearon 71 years but she was informed by the estate agents that the flat owner had extended it to 125 years. She has now been informed the owner was waiting for her to instruct lawyers ahead of instigating the lease extension. Sounds devious, also it may take a while to sort it all out. Am I reading too much into it?
  • My wife and I are considering buying a maisonette in Ramsey which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • Offer accepted on a a garden flat in Ramsey, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.Contracts were due to be exchanged in a couple of days. My query is how is possible that the estate agent got it so wrong?
  • I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Ramsey. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • We are are hoping to complete on a studio flat in Ramsey which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our property lawyers to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we have to wait until the new lease is registered?
  • I'm looking for some assistance concerning extending the lease on my apartment. The plan is to do this in six months time as we have 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. Can you recommend a good property lawyers who specialises in lease extensions. Ideally someone in Ramsey area?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom second floor purpose built maisonette in Ramsey
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    Lease Extensions in Ramsey

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