Sample questions relating to Taunton Lease Extensions

  • I am thinking about a lease extension for our garden flat located in Taunton and we don't fully comprehend the communication that we received from our freehold company. What's your solicitors fee?
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any suggestions would be much appreciated.
  • I'm planning on buying a one bedroom apartment (leasehold) but the freeholder has been absent for slightly less than 15yrs. I wonder whether it will be less expensive to try to acquire the freehold or to extend lease and apply for right to manage?
  • We are in a block containing five flats in Taunton and have been offered to buy the freehold for 5k 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?
  • I am about to view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy nine years left on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • What will it cost me and what is the best way to get a lease extension started? I have slightly less than fivety five years outstanding on my lease on a one bedroom apartment in Taunton. I have emailed the agent who represent the head landlord and they gave me the number for the surveyor. I have contacted the surveyor but I am not getting any calls back.
  • I would like some guidance on purchasing a leasehold residence. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Taunton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • Me and my OH are hoping to acquire a home (a 2 bed flat located inTaunton with share of freehold). Throughout our search, we were always looking at flats that had a minimum eighty five years residual lease term. We found a flat we liked and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our advised us the lease only has sixety four years and therefore needs a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my two bedroom second floor purpose built maisonette in Taunton
  • Do you handle lease extensions on land? (a plot of land in Taunton with 82yrs remaining)

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