FAQs concerning Salcombe Lease Extensions

  • My name´s Elijah. I’m property hunting in Salcombe I'm seeing a maisonette online, with about seventy three years remaining, how much will it likely cost to extend in this area by, say, ninety years?
  • I'm planning to make an offer on a house in Salcombe but I'm concerned 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 Accord Mortgages Ltd giving us the mortgage now?
  • I'm thinking of buying a one bed flat (leasehold) but the freeholder has been missing for nearly 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to get a lease extension and apply for RTM?
  • We are in a building made up three flats in Salcombe and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • In 2012 I purchased a leasehold flat in Salcombe. I have built a big extension and have not informed my freeholder. What are my options?
  • What will it cost me and what is the best way to get a lease extension started? I have around sixety one years unexpired lease on my lease on a two bedroom ground floor purpose built flat in Salcombe. I have contacted the agent who represent the head landlord and they gave me the number for the valuer. I left a phone message for the valuer but I am not receiving any returned calls.
  • We are considering buying a garden flat in Salcombe which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • I am the freeholder of a Georgian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy two years. What are my next steps?
  • My wife and I would like to know the cost of a lease extension valuation for a property based in Salcombe. Is this something you can help us with?
  • I am concerned about getting a lease extension from tricky freeholder. Regardless of the fact that the correct procedures were adhered to under the 1993 Act, the landlord still attempted to charge ground rent of £300 doubling every twenty years of the new lease. Can you assist?

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