Sample questions relating to Emsworth Lease Extensions

  • I acquired a one bedroom apartment in Emsworth that I am finding difficult to sell as a result of the lease needing a lease extension. Can you please help me with this situation ?
  • I want to buy a leasehold property and lease extension. The current owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Hi. I need a lawyers to review my lease extension prior to it being completed just to ensure there's nothing that I haven't seen - it's just a reissue with a few small changes.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Emsworth, and my lease will reach sixety five years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I'm looking for a flat to purchase in Emsworth and I'm not really familiar with the leasehold arrangement. I've identified a garden flat I like with a 90 years lease. My research reveals that I can get a lease extension having owned the property for a couple of years, but:- Is this a given?
  • I am a landlord of a block of flats in Emsworth, and the tenants are in the process of being given lease extensions. I anticipate receiving funds next week. Are there any tax implications, the property is co-owned with my husband ?
  • Offer accepted on a a studio flat in Emsworth, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.We are soon to exchange contracts within a week. My question is Should I tell the flat owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • My nephew has a share of freehold, with two other leaseholders in a building in Emsworth. House split into three flats. He has a lease, which has around 59 years remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am the freeholder of a Georgian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy eight years. What are my next steps?
  • I am currently negotiating a lease extension for my flat in Emsworth 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 Emsworth

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