Common questions relating to Chichester Lease Extensions

  • I just completed on a property in Chichester and it has around 67 years balance left. I'd like to extend the lease period
  • I'm about to make an offer on a house in Chichester but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Godiva Mortgages Ltd giving us the mortgage now?
  • I am the owner of a maisonnette and the freehold of both flats. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • I'm considering buying a ground floor flat (leasehold) but the freeholder has been absent for about 15yrs. I wonder whether it will be less expensive to try to purchase the freehold or to get a lease extension and apply for right to manage?
  • The terms for the lease on my apartment in Chichester are 101 years from 1 Sep 1980. Can you provide me a quote to extend the lease if I give you more specifics please?
  • How much will it cost me and what is the best way to get a lease extension started? I have approximately fivety four years left on my lease on a garden flat in Chichester. I have called the agent who represent the head landlord and they sent me the number of the surveyor. I have contacted the valuer but I am not getting any kind of response.
  • I am a landlord of a block of flats in Chichester, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving the money next month. Are there any tax implications, the property is co-owned with my wife ?
  • Re a residence in Chichester. upper maisonette. 75 yrs remaining. I have negotiated a lease extension price of £12,000 for 115yrs. Freeholder also insisted on Notice of Claim which I think is a tad over the top. Can you assist.
  • I intend to buy a one bed flat in Chichester for asking price of 156k, which has sixety one years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm living with my mother and father but have a garden flat in Chichester let out which has a fivety seven year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Chichester for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
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