Frequently asked questions relating to Hailsham Lease Extensions

  • My partner has a flat in Hailsham which we are about to put on the market. The leasehold has around 71 years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I am interested in getting a lease extension for a flat in Hailsham and want to use a local . Is there a that you can recommend?
  • I am going to purchase a flat based in Hailsham. The offer is subject to the lease extension. The homeowner’s has served 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 Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • The intention is to sell our three bedroom first floor purpose built flat in Hailsham but we may need a lease extension, or possibly cover the expense of our buyers. Can you help me find someone to undertake the legal formalities?
  • I acquired a ground floor flat in Hailsham. I am looking to extend lease on the property. It is just over eighty years. I would just like to know what your charges are and how long the process takes.
  • I am about to view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has sixety eight years residual lease term on the lease. It is also a repo so I'm guessing that the bank will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am a first time buyer of a leasehold flat in Hailsham. The lease has just 69 years remaining and ground rent is £95. Is it possible for the owner to serve the Initial Notice and then assign this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? Unfortunately it’s the case of an missing freeholder, so I am not sure how does it work.
  • Offer accepted on a a maisonette in Hailsham, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 85 years.Contracts were due to be exchanged in a couple of days. My query is Should I tell the seller that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I'm looking at purchasing an apartment in Hailsham valued at £195,000 the flat has approximately fivety eight years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in November, expecting I'd have completed before Christmas. The seller has just informed the agent they'll reduce the price by£2k if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
  • I have sixety four years remaining on my lease of a ground floor flat in Hailsham, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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