Examples of recent questions relating to Lease Extensions in Hayling Island

  • I own a leasehold flat in the Hayling Island area and was enquiring if I could obtain a lease extension. What are your processes and fees. There are sixety years unexpired
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any advice would be much appreciated.
  • I am concerned that my niece is being hoodwinked. She put in an offer on a maisonette in Hayling Island, where the lease is about 66 years but she was told by the selling agents that the current owner had extended it to 125 years. She has now been informed the seller was holding off for her to retain conveyancers prior to commencing with the lease extension. Sounds unscrupulous, also it may take a while to sort it all out. Am I being too sceptical?
  • I am a freeholder of a block of flats in Hayling Island, and the tenants are in the process of being given lease extensions. I anticipate receiving the money next month. As I am not on self assessment do I write to the Inland Revenue ?
  • Me and my OH had entered into buying a studio flat in Hayling Island. I was advised by the EA that the lease extension had already been completed while on a viewing (73 years outstanding prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The current owner supposedly has a quote but no money to extend as a result the homeowner intends to exchange and use the deposit monies for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
  • We would like to know the cost of a lease extension valuation for a property based in Hayling Island. Is this something you can assist us with?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to purchase in Hayling Island. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the rear garden.
  • I have sixety three years remaining on my lease of a ground floor flat in Hayling Island, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I have a lease of 56 years remaining on my flat in Hayling Island. 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 Hayling Island