Frequently asked questions relating to Sturminster Newton Lease Extensions

  • I’m about to offer on a garden flat to purchase in the Sturminster Newton area and was interested in finding out what the likely fees would be for a lease extension? It has seventy one years remaining...
  • Possibly made a mistake, I am actually looking for a conveyancers in Sturminster Newton who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
  • We have a residential flat in Sturminster Newton with sixety four years to run. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from nominal to £200 per year..plus a premium I think of about 16k. We have now decided to go ahead but do we now have to renegotiate?
  • We are proceeding with buying a maisonette in Sturminster Newton. I was advised by the EA that the lease extension had already been completed while on a viewing (78 years outstanding prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The seller supposedly has a quote but no finances to extend and consequently the homeowner wishes to exchange and use the 10% deposit to extend the lease. My question is why has this only just been brought to my attention by my conveyancers?
  • I am looking to buy a one bed flat in Sturminster Newton for asking price of 125k, which has 57 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • Just been over 2 years that I have owned my garden flat in Sturminster Newton. I have seventy six years left on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • I have a freehold of a 2 bedroom flat in Sturminster Newton. The leaseholders have seventy years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • I require an estimate to extend my mother’s lease on a 2 bed flat in Sturminster Newton. She recently got a price from the landlord for a lease extension but I am far from certain if it is too high.
  • We currently own a garden flat in Sturminster Newton 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 sixety three years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I have seventy seven years remaining on my lease of a ground floor flat in Sturminster Newton, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Sturminster Newton

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