Lease Extensions in Hailsham

Frequently asked questions relating to Hailsham Lease Extensions

I am fairly sure that our has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint

I own a property in Hailsham and it has slightly more than 59 years residual lease term. I'd like to arrange a lease extension by twenty years

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 plan on buying a flat located in Hailsham. My offer is subject to the lease extension. The flat owner’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 Lloyds TSB Bank. Moreover, which are the following lease extension steps to complete the purchase?

I'm thinking of purchasing a studio flat (leasehold) but the freeholder has been missing for approximately 15yrs. My question is would it be cheaper to try to purchase the reversionary title or to get a lease extension and apply for right to manage?

I have a share of the freehold. There are five apartments in the building. All the leaseholders are now seeking lease extensions. Are you able to assist us with this situation?

My husband and I are proceeding with buying a maisonette in Hailsham. I was advised by the EA that the lease extension had already been completed while on a viewing (fivety seven years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The current owner supposedly has a quote but no finances to extend and consequently the vendor intends to exchange and use the 10% deposit to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bed flat in Hailsham

We have a studio flat in Hailsham with a lease of 70 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

I have a lease of sixety five years remaining on my flat in Hailsham. 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?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Hailsham