Common questions relating to Crawley Lease Extensions

  • My name´s Stanley. I’m property hunting in Crawley I'm considering offering on a garden flat online, with slightly less 66 years outstanding, how much does it cost on average to extend in this location by, say, ninety years?
  • Hello, I just randomly found this website. I'm looking for prices on what it cost to extend a lease of a studio flat located in Crawley. It's up for sale at the moment but has around 59 years left on the lease
  • I am looking for a lease extension on the lease on my ground floor flat in Crawley which will have 77 years outstanding in January. What fees do you charge for this?
  • I need to extend my existing lease can you assist? I think it has seventy three years remaining
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 65 years outstanding.
  • I am looking at purchasing an auction property and came upon a studio flat in Crawley. It only has a 50 year lease..the vendor as mortgagees in possession dont want to mess around with negotiating a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Barclays Direct?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • Me and my OH are buying a maisonette in Crawley which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced extending the lease. The owner has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must wait until the lease extension has actually been registered before completing.?
  • Me and my fiance are hoping to purchase a flat (a ground floor flat located inCrawley with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 84 years unexpired. We identified a place we liked and the selling agent promised us that the lease term was not an issue. Today our advised us the lease only has 76 years and therefore needs a lease extension. Do we run away, or do we negotiate our offer?
  • We have a studio flat in Crawley with a lease of fivety five years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

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