Felpham Lease Extensions

Recently asked questions relating to Felpham Lease Extensions

I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Felpham - I wanted to see if with your services this could be extended?

I have contacted my freeholder for a lease extension for my flat in Felpham. Her has been in contact concerning fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started Septembmer 199.

I plan on buying a flat located in Felpham. The offer is conditional upon a lease extension. The flat owner’s 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 The Royal Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?

I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?

I am looking to extend the lease on my one bedroom apartment in Felpham I am looking for a local company to calculate the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.

Me and my husband have been in discussion with our freeholder after having a valuation on our ground floor flat in Felpham. We have a fivety seven year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.

I'm intent on acquiring an apartment in Felpham at a price of £210,000 the flat has approaching seventy years unexpired on the lease. My offer was conditional upon the lease being extended... .. that was back in June, expecting I'd be in before Christmas. They have just informed me that they are prepared to knock £4k off if I deal with the lease extension myself. I'm unsure whether that's a good idea

Me and my partner are hoping to acquire a home (a ground floor flat located inFelpham with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years residual lease term. We identified a flat we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. This morning our told us the lease only has 71 years and therefore requires a lease extension. Should we run away, or should we reduce our offer?

I own the freehold of a couple of flats. Someone has the lease on the ground flat in Felpham. I reside in the upper flat. I was looking at the title deeds recently when I noticed that my flat is leasehold. There is 58 years residual lease term. If I want to do a lease extension then would I simply be paying for the charges?

I am currently negotiating a lease extension for my flat in Felpham 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 Felpham