Top Ten Questions relating to Bexhill On Sea Lease Extensions

  • I am looking to extend the lease on my garden flat in Bexhill On Sea which will have 63 years left in November. What fees apply?
  • I want to acquire a leasehold property and extend the lease. The vendor has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I'm deliberating over purchasing a three bed flat (leasehold) but the landlord has been missing for slightly less than 15yrs. I wonder whether it will be cheaper to try to buy the reversionary title or to extend lease and apply for RTM?
  • We are in a building comprising three flats in Bexhill On Sea and have been offered to buy the freehold for 5k 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?
  • I'm looking for a flat to buy in Bexhill On Sea and I'm not really familiar with the leasehold concept. I've found a garden flat I like with a 90 years lease. I've read that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I am a first time buyer of a leasehold flat in Bexhill On Sea. The lease has just seventy five years remaining and ground rent is £25. Is it possible for the homeowner to serve the Section 42 Notice and then assign this right to me as the purchaser on the day of completion so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the current owner? Unfortunately it’s the case of an missing landlord, so I am not sure how this will play out.
  • My mortgage provider is requesting a £600 fee for their to approve the lease extension deed for my flat in Bexhill On Sea... I can find no mention of this in my mortgage contract... is this a standard cost that they charge?
  • We had entered into buying a studio flat in Bexhill On Sea. I was advised that the lease had been lengthened (69 years left prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The flat owner apparently has a quote but no money to extend and consequently the seller wants to exchange and use the my deposit for the lease extension. My question is how is possible that the estate agent got it so wrong?
  • My and my husband know that others in the same building previously had a lease extension, and the freeholder was reasonable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on on the prices by others . This would save on double valuation charges. Would you suggest this course of action?
  • We currently own a two bedroom second floor purpose built flat 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 fivety six 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?

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