Examples of recent questions relating to Lease Extensions in South Petherton

  • I purchased a two bedroom first floor purpose built flat in South Petherton that I now cannot sell due to the lease requiring a lease extension. What's your legal fee ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in South Petherton, and my lease will reach 68 years this October. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • We hope to sell our one bedroom apartment in South Petherton but we may need to extend the lease, or possibly cover the costs of our buyers. Are you able to recommend a conveyancing practitioners to handle this?
  • I am a landlord of a block of flats in South Petherton, and the tenants are in the process of being granted lease extensions. I anticipate receiving funds within a month or so. Are there any tax implications, the property is co-owned with my wife ?
  • Regarding a property in South Petherton. lower maisonette. sixety nine yrs remaining. I have negotiated a lease extension price of £20k for 135yrs. Freeholder also requested Initial Notice which I think should not be necessary. Can you assist.
  • We have a leasehold flat in South Petherton with sixety seven years remaining. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 14k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • Me and my OH are considering buying a two bedroom ground floor purpose built flat in South Petherton which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • We have been in discussion with our freeholder after having a valuation on our one bedroom apartment in South Petherton. We have a fivety four year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I am currently in the process of remortgaging my ground floor flat in South Petherton and the mortgage company that I am looking to switch to needs at least 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around fivety nine years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension
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    Lease Extensions in South Petherton

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