Recently asked questions relating to Watchet Lease Extensions

  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 56 years unexpired.
  • We are in a block consisting of three flats in Watchet 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?
  • My mortgage provider requires several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Watchet... I can find no mention of this in my mortgage booklet... is this a normal fee to pay?
  • Ref a leasehold in Watchet. GFF maisonette. sixety yrs unexpired. I have an agreed lease extension to £20k for 125yrs. Freeholder also requested Initial Notice which I think should not be necessary. Advice required.
  • We would like to extend our lease having owned the apartment for 2 years as of 1st April 2016. It has slightly less than fivety five years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as is reasonably achievable.
  • My father has a share of freehold, with two other leaseholders in a building in Watchet. House divided into three flats. He has a lease, which has roughly 60 years left. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am planning to extend the lease on my ground floor flat in Watchet I am looking for a local company to calculate the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a 1930’s property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety eight years. What are my next steps?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to acquire in Watchet. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Watchet. I reside in the upper flat. I was reviewing the land registry documents recently when I noticed that my flat has a lease on it. There is sixety eight years balance left. Can one carry out a lease extension without retaining a ?

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