Common questions relating to Felpham Lease Extensions

  • I am seeking a lease extension for our apartment located in Felpham and we don't fully understand the letter that we received from our landlord company. How long will it take?
  • I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has 65 years residual lease term
  • I will soon view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy two years unexpired on the lease. It is also a repo so I'm assuming that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • We have a leasehold flat in Felpham with sixety nine years unexpired. Last year we were quoted a deal to receive a lease extension for another fifty years but also uplift the ground rent from notional to £300 per annum..plus a premium I think of about 9k. Finally we have decided to move forward but do we now have to renegotiate?
  • My leasehold flat in Felpham is up for sale and I have a hopefully firm offer. There is 79 years unexpired on the lease and I want to extend the lease. What does it cost on average to extend in this area by, say,35 years
  • I have a share of the freehold. There are three apartments in the house. All the leaseholders are now seeking lease extensions. What's your legal fee?
  • I would like some guidance on leasehold property buying. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Felpham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • Me and my sister are purchasing a two bedroom first floor purpose built maisonette in Felpham which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect 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 has not been issued. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
  • My and my partner are worried about getting a lease extension from an objectionable landlord. Notwithstanding that the legal procedures were adhered to under the 1993 Act, the landlord still tried to get ground rent of £300 increasing by 100% every 25 years of the new term. Can you help?
  • My son knows that others in the same block previously had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Felpham