Top Ten Questions relating to Teignmouth Lease Extensions

  • Me and my OH have just purchased a garden flat located inTeignmouth and I'm thinking about a lease extension as soon as I can e.g. after two years
  • I'm about to make an offer on a house in Teignmouth but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Lloyds TSB Bank giving us the mortgage now?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Teignmouth, and my lease will reach sixety two years this April. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I have a leasehold apartment in Teignmouth. I have built a big extension and have not informed the freeholder. What should I do?
  • What will it cost me and what is the best way to start the lease extension process? I have nearon seventy years left on my lease on a one bedroom apartment in Teignmouth. I have contacted the managing agents who represent the landlord and they gave me the number of the surveyor. I left a phone message for the surveyor but I am not getting any calls back.
  • We have been in discussion with our freeholder after having a valuation on our one bed flat in Teignmouth. We have a sixety six year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount 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 conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost excluding value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my one bedroom apartment in Teignmouth
  • I am currently negotiating a lease extension for my flat in Teignmouth as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Teignmouth
  • We have a one bedroom apartment in Teignmouth with a lease of sixety one years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Teignmouth

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