Questions and Answers: Fratton and Portsea Lease Extensions

  • I think our has advised us incorrectly concerning a lease extension and I want to find out how to complain
  • I am looking to extend the lease on my studio flat in Fratton and Portsea which will have seventy seven years remaining in November. What fees apply?
  • I have a lease of 69 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I own a leasehold flat in Fratton and Portsea. I have built a large extension and have not informed the leaseholder. What are my options?
  • My apartment in Fratton and Portsea is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want to extend the lease. What does it cost on average to extend in this location by, say,ninety years
  • Offer accepted on a a ground floor flat in Fratton and Portsea, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as eighty years.Contracts were due to be exchanged within a week. My query is how is possible that the estate agent got it so wrong?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my three bedroom second floor purpose built flat in Fratton and Portsea
  • I am worried about getting a lease extension from an objectionable freeholder. Even though the correct procedures were followed under the 1993 Act, the freeholder still tried to charge ground rent of £300 increasing by 100% every 25 years of the new lease. Can you help?
  • I am currently negotiating a lease extension for my flat in Fratton and Portsea 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 Fratton and Portsea