Lease Extensions in Billingshurst

Billingshurst Lease Extensions: Q and A’s

We are seeking a lease extension for our ground floor flat located in Billingshurst and we don't fully understand the letter that we received from our landlord company. How long will it take?

I have got a leasehold flat in the Billingshurst area and was wondering whether I could get a lease extension. What are your processes and charges. Has sixety one years unexpired

We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any help would be much appreciated.

I would like to have my residential flat leasehold extension premium assessed. The flat is in Billingshurst, and my lease will reach 75 years this May. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?

I have been in touch with my freeholder for a lease extension for my flat in Billingshurst. His has been in contact concerning charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started October 1987.

My mortgage lender requires several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Billingshurst... I can find no reference of this in my mortgage booklet... is this a normal fee to pay?

I own a share of the freehold. There are five flats in the house. All the leaseholders are now seeking lease extensions. What's your legal fee?

I intend to buy a one bed flat in Billingshurst for asking price of 156k, which has 63 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

My wife and I are concerned about seeking a lease extension from an objectionable freeholder. Even though the correct procedures were adhered to under the 1993 Act, the landlord still attempted to charge ground rent of £300 increasing by 100% every twenty years of the new lease. Can you help?

My wife and I are aware that others in the same block previously had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of not having formal survey and base the initial offer on previous premiums paid . This would save on double valuation charges. Would you recommend such a course of action?

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