Frequently asked questions relating to Fratton and Portsea Lease Extensions

  • We are thinking about a lease extension for our leasehold house based in Fratton and Portsea and we don't fully understand the letter that we received from our freehold company. What's your solicitors fee?
  • I’m just looking for a a property to purchase in the Fratton and Portsea area and was interested in finding out how much would it cost to extend a lease? It has 56 years outstanding...
  • I have been in touch with my freeholder for a lease extension for my flat in Fratton and Portsea. His has been in contact regarding 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 January 1990.
  • I am a landlord of a block of flats in Fratton and Portsea, and the leaseholders are in the process of being issued lease extensions. I should hopefully get the money next week. How does the tax work, the property is in joint names with my wife ?
  • We have a first floor flat in Fratton and Portsea with 59 years unexpired. Last year we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from nominal to £250 per annum..plus a premium I think of about 9k. We have now decided to proceed but do we now have to renegotiate?
  • I would like some help on purchasing a leasehold residence. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Fratton and Portsea area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • Coming up to two years that I have been in my studio flat in Fratton and Portsea. I have 57 yrs unexpired lease on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Fratton and Portsea based or any will do fine?
  • I require an estimate to extend my mum’s lease on a two bedroom first floor purpose built flat in Fratton and Portsea. She recently got a price from the landlord for a lease extension but I am not sure it is too expensive.
  • I have a lease of 75 years remaining on my flat in Fratton and Portsea. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Fratton and Portsea. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good who specialises in lease extensions?

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