Lease Extensions in Torquay

Sample questions relating to Torquay Lease Extensions

I am looking at investing in a holiday home but it has a lease that expires in twenty years. Its in Torquay - I wanted to see if with your services it is possible for this to be extended?

My neighbours and I are in a block consisting of four 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?

I bought a one bedroom apartment in Torquay. I am looking for a lease extension on the property. It is nearly 80 years. I would just like to know what your charges are and how long the process takes.

I own a purpose-built apartment in a large block in Torquay. The leasehold interest in the flat on a 99 year lease which commenced from 30th November 1972 with a set ground rent of £10 per annum. I would like to obtain a lease extension. Can I call someone to discuss my options please?

I an interested in finding out more about leasehold property buying. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Torquay area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?

Just been over 2 years that I have owned my maisonette in Torquay. I have fivety eight yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?

I own the freehold to two flats. Someone has the lease on the ground flat in Torquay. I occupy in the upper flat. I was reviewing the title deeds last night when I noticed that my flat is leasehold. There is 61 years remaining. Is it possible to carry out a lease extension without instructing a ?

I'm hoping for some advice concerning extending the lease on my apartment. The plan is to do this sometime next year as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?

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?

We have a garden flat in Torquay with a lease of 79 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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