FAQs concerning Torpoint Lease Extensions

  • My partner and I have just purchased a garden flat based inTorpoint and I'm deliberating a lease extension as soon as possible e.g. after 24 months of ownership
  • I am looking for a lease extension on the lease on my ground floor flat in Torpoint which will have 69 years unexpired lease in September. What fees are applicable?
  • I am interested in getting a lease extension for a flat in Torpoint and want to use a local . Is there a that you can recommend?
  • I am looking to purchase a studio flat in Torpoint with a lease of sixety eight years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I'm deliberating over purchasing a one bedroom apartment (leasehold) but the freeholder has been absent for nearon 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to get a lease extension and apply for right to manage?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
  • I'm looking at purchasing a flat in Torpoint at a price of £195,000 the flat has approximately 72 years unexpired on the lease. My offer was subject to a lease extension... .. that was back in September, expecting I'd be in by Christmas. The seller has just informed the agent they are willing to knock £3k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • I am currently in the process of refinancing my one bedroom apartment in Torpoint and the bank that I am looking to switch to needs at least 80 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around 63 years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
  • We have a ground floor flat in Torpoint with a lease of 60 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
  • I have a lease of 79 years remaining on my flat in Torpoint. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Torpoint