Sample questions relating to Ferring Lease Extensions

  • My OH agreed with the landlord for a lease extension on our flat in Ferring, 12k for a further 90yrs. How long is the process ?
  • I am the registered owner of a garden flat in Ferring 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 need to extend my existing lease can you help me with that? I think it has 68 years remaining
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has seventy years left.
  • I am thinking about acquiring an auction property and found a two bed flat in Ferring. It only has a 50 year lease..the vendor being mortgagees in possession dont want to mess around with negotiating a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Leeds Building Society?
  • My partner and I have a first floor flat in Ferring with fivety five years remaining. Last year we were quoted a deal to receive a lease extension for another fifty years but also uplift the ground rent from nominal to £250 per annum..plus a premium I think of approximately 9k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • I own the freehold reversion of a property in Ferring where the 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 at the drop of a hat. My valuer has put forward a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to face?
  • I am currently negotiating a lease extension for my flat in Ferring 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Ferring
  • Do you handle lease extensions on land? (a plot of land in Ferring with 82yrs remaining)
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    Lease Extensions in Ferring

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