FAQs concerning Somerton Lease Extensions

  • I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Somerton - I wanted to see if with your services this could be extended?
  • My neighbours and I are in a block made up three flats in Somerton and have been offered to buy the freehold for £5000 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?
  • We acquired a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Somerton and looking to do a vesting order. Is this something you can help us with?
  • Is it possible to talk with you about a leasehold property in Somerton, I am considering buying at auction next month. The flat only has a few years left and I was wondering about what it would cost to get a lease extension and for your services.
  • I have a leasehold apartment in Somerton. I have built a big extension and have not informed the leaseholder. What should I do?
  • I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy seven years left on the lease. It is also a repo so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • I am looking at buying an auction property and came upon a one bed flat in Somerton. It only has a fifty year lease..the seller being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and reduced chance of getting a mortgage with Yorkshire Building Society?
  • I am in need of a lease extension for my flat in Somerton and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • We currently own a maisonette in Somerton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy four years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • I have sixety five years remaining on my lease of a ground floor flat in Somerton, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
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    Lease Extensions in Somerton

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