FAQs concerning Bexhill On Sea Lease Extensions

  • The intention is to sell our studio flat in Bexhill On Sea but we may need to extend the lease, or possibly cover the expense of our purchaser. Are you able to recommend someone to help us?
  • I am a freeholder of a block of flats in Bexhill On Sea, and the lessees are in the process of being given lease extensions. I anticipate receiving funds next week. Are there any tax implications, the property is co-owned with my husband ?
  • We are proceeding with buying a ground floor flat in Bexhill On Sea. I was advised that the lease had been lengthened (fivety nine years remaining prior to extension). The sales particulars stated "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The owner supposedly has a quote but no funds to extend as a result the flat owner wishes to exchange and use the my deposit for the lease extension. My question is why has this only just been brought to my attention by my property lawyers?
  • I am the owner of a purpose-built flat in a large development in Bexhill On Sea. The leasehold interest in the flat on a 99 year lease started from 2nd November 1980 with a fixed ground rent of £10 per annum. I wish to obtain a lease extension. Is it possible for me to call someone to go through my options please?
  • My father has a share of freehold, with two other leaseholders in a building in Bexhill On Sea. House converted into three apartments. He has a lease, which has roughly 55 yrs left. How much would it cost for a lease extension and how many years would he need to extend by?
  • Just been over two years that I have been in my one bedroom apartment in Bexhill On Sea. I have 63 yrs left on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my lawyers 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 drags to LVT)?
  • I am the freeholder of a property in Bexhill On Sea and a leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has upped this to £10,000 without too much effort. My surveyor has recommended a much higher figure. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • We currently own a one bedroom apartment in Bexhill On Sea and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 54 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • We have a garden flat in Bexhill On Sea with a lease of seventy three years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
  • I have a lease of 68 years remaining on my flat in Bexhill On Sea. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
  • Other Topics

    Lease Extensions in Bexhill On Sea

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