FAQs concerning St Austell Lease Extensions

  • I’ve just bought a one bedroom apartment located inSt Austell and I'm deliberating extending the lease as soon as practicable e.g. after a couple of years
  • I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in St Austell - I wanted to see if with your services it is possible for this to be extended?
  • I am interested in getting a lease extension for a flat in St Austell and want to use a local . Is there a that you can recommend?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in St Austell, and my lease will reach fivety seven years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I am going to purchase a flat based in St Austell. The offer is conditional upon a lease extension. The vendor’s has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Santander. Moreover, which are the following lease extension steps to complete the purchase?
  • We bought a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in St Austell and looking to do a vesting order. Is this something you can handle for us?
  • My brother and I are considering purchasing a one bedroom apartment in St Austell which is a leasehold. I am wondering what are the pros and cons of that - what happens 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 having a lease extension?
  • I'm living at parents but have a one bedroom apartment in St Austell let out which has a sixety two year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in St Austell for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I'm hoping for some help with regard to extending the lease on my flat. I'll be looking to do this in six months time as we need to move 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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