FAQs concerning Burgess Hill Lease Extensions

  • My OH and I are thinking about a lease extension for our leasehold house in Burgess Hill and we are confused by the communication that we got from our freehold company. What's your solicitors fee?
  • I have a lease of 78 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am going to purchase a flat based in Burgess Hill. My offer is subject to the lease extension. The flat owner’s lawyers has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • We hope to sell our three bedroom ground floor purpose built flat in Burgess Hill but we may need to extend the lease, or possibly cover the costs of our buyers. Are you able to suggest a solicitors to assist?
  • I wondered if you could help me on how much it would expense and the best way to get a lease extension started? I have nearon 57 years outstanding and I own a three bedroom second floor purpose built flat in Burgess Hill.
  • I would like some guidance on leasehold property buying. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Burgess Hill area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to buy in Burgess Hill. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
  • I'm looking at acquiring an apartment in Burgess Hill at a price of £210,000 the flat has just under 54 years left on the lease. My offer was subject to a lease extension... .. that was back in June, expecting I'd be in by now. They have just informed me they are willing to knock £3k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • My brother is concerned about obtaining a lease extension from a difficult freeholder. Notwithstanding that the correct procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £200 increasing by 100% every twenty years of the new term. Can you help?
  • 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

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