FAQs concerning Wells Next The Sea Lease Extensions

  • I’m just looking for a maisonette to buy in the Wells Next The Sea area and was wondering what the likely fees would be to extend a lease? It has seventy five years residual lease term...
  • My partner has a flat in Wells Next The Sea which we are about to put on the market. The leasehold has about sixety three years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I'm intending to make an offer on a house in Wells Next The Sea but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Clydesdale giving us the mortgage now?
  • I'm considering buying a two bedroom second floor purpose built maisonette (leasehold) but the freeholder has been absent for approximately 15yrs. My question is would it be less expensive to try to acquire the freehold or to get a lease extension and apply for RTM?
  • I bought a studio flat in Wells Next The Sea. I am looking to extend lease on the property. It is roughly eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • I need to talk to you about an apartment in Wells Next The Sea, I am considering buying at auction in the next few days. The flat has a short lease and I was wondering about what it would cost to get a lease extension and for your services.
  • My brother has a share of freehold, with two other leaseholders in a building in Wells Next The Sea. House converted into three apartments. He has a lease, which has circa seventy eight years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • We would like to know the cost of a lease extension valuation for a property based in Wells Next The Sea. Is this something you can assist us with?
  • I am the registered freeholder to two flats. Someone has the lease on the lower flat in Wells Next The Sea. I occupy in the upper flat. I was looking at the title deeds last night when I noticed that my flat has a lease on it. There is 75 years balance left. If I want a lease extension then would I just be paying for the fees?
  • I know that others in the same building previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you suggest such a course of action?

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