FAQs concerning Topsham Lease Extensions

  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 899 years unexpired 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any advice would be much appreciated.
  • I own a one bed flat in Topsham. The start date for the lease was in 1997 for 99 years. Now I am wanting to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am about to view a one bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 68 years balance left on the lease. It is also a repossession so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She submitted an offer on a garden flat in Topsham, where the lease is around sixety three years but she was advised by the selling agents that the current owner had extended it to 99 years. She has now been told the owner was waiting for her to appoint lawyers ahead of instigating the lease extension. Seems unscrupulous, also it may take time to sort it all out. Am I reading too much into it?
  • I am looking for advice as I am interested in a property that has only a seventy five year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?
  • My nephew has a share of freehold, with two other leaseholders in a building in Topsham. House converted into three apartments. He has a lease, which has nearon 64 yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I am hoping to extend the lease on my one bed flat in Topsham I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 78 years. I need a at my end. Can you advise please? I live near Topsham and have a mortgage with Barclays .
  • I am the freeholder of a 1930’s property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy six years. What are my next steps?
  • Do you handle lease extensions on land? (a plot of land in Topsham with 82yrs remaining)
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Topsham