Yeovil Lease Extensions: Q and A’s

  • I am looking for a conveyancing practitioners in Yeovil and they should be on the Clydesdale approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend any please ?
  • I am going to purchase a flat based in Yeovil. My offer is subject to the lease extension. The current owner’s lawyers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender HSBC Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Yeovil, and would like some figures on that.
  • We have a GFF located in Yeovil. There is 80 years unexpired on the lease and we want to extend the lease. How much does it cost on average to extend in this location by, say,ninety years
  • I own a share of the freehold. There are four flats in the block. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
  • I would like some help on purchasing a leasehold residence. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Yeovil area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to buy in Yeovil. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Yeovil. I occupy in the upper flat. I was looking at the title deeds today when I noticed that my flat is leasehold. There is 56 years unexpired. If I want to do a lease extension then would I simply be paying for the lawyers charges?
  • I am planning on remortgaging my ground floor flat in Yeovil and the bank that I am looking to switch to requires at least 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around fivety five years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension
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    Lease Extensions in Yeovil

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