Top Ten Questions relating to Brighstone Lease Extensions

  • My fiance agreed with the head landlord for a lease extension on our flat based in Brighstone, 6k for another 90yrs. How long is the process ?
  • I am the owner of a maisonnette together with the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?
  • We hope to sell our one bedroom apartment in Brighstone but we may need to extend the lease, or possibly cover the expense of our buyers. Can you suggest someone to help us?
  • I purchased a garden flat in Brighstone. I am looking for a lease extension on the property. It is nearon eighty years. I would just like to know what your charges are and how long it would take for completion.
  • I an interested in finding out more about purchasing a leasehold residence. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Brighstone area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • Just been over two years that I have been in my three bedroom second floor purpose built maisonette in Brighstone. I have 71 yrs remaining on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my 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?
  • It says on your website the likely fee to extend a lease is £495. Is that the total cost including vat and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my three bedroom first floor purpose built maisonette in Brighstone
  • My and my partner are concerned about obtaining a lease extension from a difficult landlord. Regardless of the fact that the legal procedures were followed under the 1993 Act, the freeholder still tried to get ground rent of £300 increasing by 100% every 25 years of the new term. Can you help?
  • I am currently negotiating a lease extension for my flat in Brighstone as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I'm looking for some advice with regard to a lease extension on my maisonette in Brighstone. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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