Cuckfield Lease Extensions Example Support Desk Enquiries

  • I'm planning to make an offer on a house in Cuckfield but I'm a little worried 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 Nationwide Building Society giving us the mortgage now?
  • I bought a three bed flat in Cuckfield. The lease started in 1997 for 99 years. Now I am looking to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • Regarding a property in Cuckfield. upper maisonette. seventy seven yrs remaining. I have negotiated a lease extension price of £20k for 135yrs. Freeholder also insisted on Notice of Claim which I think is a tad over the top. Can you assist.
  • I would like some help on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Cuckfield area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • I am looking to extend the lease on my maisonette in Cuckfield I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • 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 wife are hoping to purchase a flat (a two bedroom first floor purpose built maisonette inCuckfield with share of freehold). Throughout our search, we were always looking at properties that had a minimum 83 years residual lease term. We found a place we fell in love with and the selling agent assured that the lease term was not an issue. This morning our advised us the lease only has 70 years and thus needs a lease extension. Do we walk away, or do we negotiate our offer?
  • I am the freeholder of a property in Cuckfield and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this to £10,000 without too much effort. My valuer has recommended a much higher amount. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
  • My mother is aware that others in the same block had already had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous prices . This would save on double valuation charges. Would you suggest such a course of action?
  • I am currently negotiating a lease extension for my flat in Cuckfield 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?

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