Recently asked questions relating to Burgess Hill Lease Extensions

  • I have just purchased a maisonette based inBurgess Hill and I'm thinking about a lease extension as soon as I can e.g. after two years
  • I inherited a flat in Burgess Hill with a leasehold unexpired about 69 years and need to extend it. Please can you clarify the next stages
  • I am looking into the costs of carrying out a lease extension for my two bedroom first floor purpose built maisonette in Burgess Hill, and would like some figures on that.
  • How much will it cost me and what is the best way to get a lease extension started? I have nearon 75 years left on my lease on a studio flat in Burgess Hill. I have emailed the managing agents who represent the head landlord and they gave me the number for the surveyor. I left a phone message for the surveyor but I am not receiving any calls back.
  • I am looking at buying an auction property and identified a two bed flat in Burgess Hill. It has just 50 year lease..the current owner as mortgagees in possession dont want to mess around with negotiating a lease extension..what are the drawbacks of this other than the costly fee to put a new lease on it and decreased chance of getting a mortgage with Halifax?
  • Ref a property in Burgess Hill. upper maisonette. 79 yrs unexpired. I have an agreed lease extension to £12,000 for 125yrs. Landlord also requested Section 42 Notice which I think should not be necessary. Can you assist.
  • Me and my husband are considering purchasing a ground floor flat in Burgess Hill which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • I am the freeholder of a Georgian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety seven years. What are my next steps?
  • My partner and I are hoping to purchase a property (a garden flat based inBurgess Hill with share of freehold). Throughout our search, we were always looking at flats that had a minimum eighty five years residual lease term. We found a apartment we liked and the estate agent promised us that the lease term was not an issue. Today our lawyers told us the lease only has 54 years and therefore requires a lease extension. Do we run away, or do we negotiate our offer?
  • I am currently negotiating a lease extension for my flat in Burgess Hill 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?
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    Lease Extensions in Burgess Hill

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