FAQs concerning Torpoint Lease Extensions

  • We agreed with the freeholder for a lease extension on our flat located in Torpoint, 14.5k for an additional 90yrs. How long is the process ?
  • I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in Torpoint - I wanted to see if with your services this could be extended?
  • I have a lease of fivety five years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I inherited a studio flat in Torpoint with a leasehold unexpired of sixety nine years. I am wondering about what it will cost me to extend my lease term
  • I am a landlord of a block of flats in Torpoint, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving the money within a month or so. Are there any tax implications, the property is co-owned with my wife ?
  • My OH and I are considering purchasing a garden flat in Torpoint which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • My brother has a share of freehold, with two other leaseholders in a building in Torpoint. House converted into three apartments. He has a lease, which has nearon 66 yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • We would like to know the cost of a lease extension valuation for a property based in Torpoint. Is this something you can assist us with?
  • I am currently negotiating a lease extension for my flat in Torpoint 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bed flat in Torpoint

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