Frequently asked questions relating to Somerton Lease Extensions

  • I own a two bedroom first floor purpose built maisonette in Somerton that I am finding difficult to sell due to the lease requiring a lease extension. What's your solicitors fee ?
  • I have shares in the freehold of buildings comprising of six flats each. Two of the leaseholders want to extend their leases and I'm enquiring about the the process
  • I want to acquire a leasehold property and lease extension. The current owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I have contacted my freeholder to extend my lease for my flat in Somerton. His has been in contact concerning fees etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started March 1992.
  • I will soon view a one bedroom apartment, although not exactly my ideal 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 seventy three years remaining on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • Regarding a leasehold in Somerton. lower maisonette. 67 yrs remaining. I have negotiated a lease extension price of £20k for 125yrs. Freeholder also requested Section 42 Notice which I think is a tad over the top. Can you assist.
  • Offer accepted on a a one bedroom second floor purpose built flat in Somerton, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as 82 years.Contracts were due to be exchanged in a couple of days. My question is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • Just been over 2 years that I have owned my studio flat in Somerton. I have 67 years left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 342K, 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: Is there a benefit in getting a Somerton based or any will do fine?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Somerton for a two bed flat - section 42 having been issued?
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Somerton. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good who specialises in lease extensions?

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