Frequently asked questions relating to Hayling Island Lease Extensions

  • So this is the scenario: I am the registered owner of a garden flat in Hayling Island that I now cannot sell as a result of the lease needing a lease extension. Can you please help me with this situation ?
  • My partner has a flat in Hayling Island which we are about to put on the market. The leasehold has slightly less than seventy years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I am looking to either purchase the freehold or a lease extension of my property in Hayling Island and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Bank of Scotland to free up equity. My adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease began in 1991 and since then the ground rent has increased from £38.00 per annum to £300 per year.
  • My apartment in Hayling Island is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want a lease extension. What does it cost on average to extend in this location by, say,35 years
  • Me and my fiance had entered into buying a ground floor flat in Hayling Island. I was advised by the EA that the lease extension had already been completed while on a viewing (62 years remaining prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The seller apparently has a quote but no finances to extend as a result the owner intends to exchange and use the deposit monies for the lease extension. My question is is it not odd that my conveyancers failed to spot this far earlier than just before exchange?
  • My dad has a share of freehold, with two other leaseholders in a building in Hayling Island. House converted into three flats. He has a lease, which has just under sixety three yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety nine years. I need a conveyancing practitioners at my end. Can you advise please? I live near Hayling Island and have a mortgage with Britannia.
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Hayling Island for a one bed flat - section 42 is already served?
  • I'm looking for some help concerning extending the lease on my maisonette. The intention is to do this next winter as we have to move 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. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I know that others in the same building previously had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you suggest this course of action?
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    Lease Extensions in Hayling Island

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