Ramsey Lease Extensions: Q and A’s

  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leasehold owners want a lease extension and I'm wondering about the the process
  • I have been in touch with my freeholder for a lease extension for my flat in Ramsey. His has been in contact regarding charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started August 1987.
  • Think I may have made a mistake, I am searching for a in Ramsey who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
  • The terms for the lease on my flat in Ramsey are 101 years from 10 Sep 1989. Can you give me a quote for a lease extension if I give you more information please?
  • I am considering buying an auction property and found a two bed flat in Ramsey. It only has a 49 year lease..the vendor being mortgagees in possession dont want to mess around with seeking a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of obtaining a mortgage with The Royal Bank of Scotland?
  • We had entered into buying a studio flat in Ramsey. I was assured that the lease had been lengthened (sixety two years remaining prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The homeowner supposedly has a quote but no money to extend and consequently the homeowner intends to exchange and use the my deposit for the lease extension. My question is why has this only just been brought to my attention by my ?
  • I'm intent on acquiring an apartment in Ramsey valued at £195,000 the flat has approaching 74 years unexpired on the lease. My offer was conditional upon the lease being extended... .. that was back in November, expecting I'd be in before now. They have just informed the agent that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I have fivety nine years remaining on my lease of a ground floor flat in Ramsey, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Ramsey
  • Do you handle lease extensions on land? (a plot of land in Ramsey with 82yrs remaining)

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