Recently asked questions relating to Bembridge Lease Extensions

  • So this is the scenario: I invested in buying a ground floor flat in Bembridge that I am finding difficult to sell due to the lease requiring a lease extension. Can you please help me with this situation ?
  • I have an interest in the freehold of buildings comprising of six flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the the process
  • My wife has a flat in Bembridge which we have just put on the market. The leasehold has just over sixety five years residual lease term 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 am about to put an offer in on a garden flat in Bembridge with a lease of 76 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I own a maisonnette together with the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
  • We invested in buying a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Bembridge and looking to do a vesting order. Is this something you can handle for us?
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Bembridge. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Just been over two years that I have owned my garden flat in Bembridge. I have sixety four years left on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • I note that your website states the likely fee for dealing with a lease extension is £495. Is that the total cost including vat and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my maisonette in Bembridge
  • I'm intent on acquiring a flat in Bembridge at a price of £256,000 the flat has approaching sixety two years left on the lease. My offer was conditional upon a lease extension... .. that was back in August, expecting I'd be in by Christmas. The owner has just come back saying they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
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    Lease Extensions in Bembridge

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Bembridge