Torquay Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Torquay Lease Extensions
I am the registered owner of a garden flat in Torquay that I am now unable to sell due to the lease needing a lease extension. How long will it take ?
Hello, I just randomly found your website. I'm seeking prices on what a lease extension will cost for a three bedroom ground floor purpose built maisonette based in Torquay. It's up for sale at the moment but has approximately 77 years of unexpired leasehold
I have shares in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want a lease extension and I'm curious about the the process
Hi. I need someone to review my lease extension ahead of it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.
We are in a block containing five flats in Torquay and have been offered to buy the freehold for £3,500 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?
The terms for the lease on my flat in Torquay are 95 years from 1 Jan 1989. Please provide me a quote for a lease extension if I give you more information please?
I am concerned that my niece is being hoodwinked. She put in an offer on a three bed flat in Torquay, where the lease is approximately sixety five years but she was told by the estate agents that the seller had extended it to 125 years. She has now been advised the vendor was waiting for her to retain lawyers ahead of instigating the lease extension. Seems unscrupulous, also it could take a while to sort it all out. Am I being too sceptical?
We are acquiring a studio flat in Torquay which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of extending the lease. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our solicitors to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to hold on until the new lease is registered?
I own the freehold of a couple of flats. Someone has the lease on the ground flat in Torquay. I live in the top flat. I was reviewing the title deeds yesterday when I noticed that my flat has a lease on it. There is fivety eight years left on the lease. If I want a lease extension then would I simply be paying for the lawyers charges?
I am currently negotiating a lease extension for my flat in Torquay 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?