Common questions relating to Bitterne Lease Extensions

  • I’m about to offer on a two bedroom second floor purpose built maisonette to purchase in the Bitterne area and was after more information on what the likely fees would be for a lease extension? It has 76 years residual lease term...
  • I am looking into the costs of carrying out a lease extension for my three bedroom first floor purpose built flat in Bitterne, and would like some figures on that.
  • I am concerned that my daughter might have had the wool pulled over her eyes. She put in an offer on a ground floor flat in Bitterne, where the lease is nearon seventy four years but she was informed by the selling agents that the flat owner had extended it to 99 years. She has now been advised the owner was waiting for her to appoint conveyancers prior to commencing with the lease extension. Sounds odd to me, also it will take a while to sort it all out. Am I being too sceptical?
  • I am looking at buying an auction property and identified a one bed flat in Bitterne. It only has a fifty-one year lease..the vendor as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Leeds Building Society?
  • My nephew has a share of freehold, with two other leaseholders in a building in Bitterne. House divided into three flats. He has a lease, which has slightly less than 78 yrs remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • We have owned a leasehold flat for approximately fifteen years. It now has 55 years outstanding on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
  • Me and my sister have been in discussion with our freeholder after having a valuation on our ground floor flat in Bitterne. We have a 79 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I'm intent on purchasing an apartment in Bitterne valued at £256,000 the flat has approaching fivety five years remaining on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in September, expecting I'd have moved in by Christmas. The seller has just informed the agent they are willing to knock £4k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bed flat in Bitterne
  • Do you handle lease extensions on land? (a plot of land in Bitterne with 82yrs remaining)

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