Hedge End Lease Extensions: Q and A’s

  • I’m just looking for a maisonette to purchase in the Hedge End area and was enquiring how much would it cost to extend a lease? It has sixety nine years outstanding...
  • I am looking for a lease extension on the lease on my garden flat in Hedge End which will have fivety six years remaining in November. What fees are applicable?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 56 years left.
  • I am about to put an offer in on a one bedroom second floor purpose built maisonette in Hedge End with a lease of 69 years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I have contacted my freeholder for a lease extension for my flat in Hedge End. Her has been in contact concerning costs etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started February 1985.
  • We own a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Hedge End and looking to do a vesting order. Is this something you can handle for us?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 61 years. I need a at my end. Can you advise please? I live near Hedge End and have a mortgage with Nationwide Building Society.
  • Me and my partner are in the throws of buying a flat (a one bedroom apartment based inHedge End with share of freehold). Throughout our search, we were always looking at properties that had at least eighty five years balance left. We came across a place we fell in love with and the selling agent promised us that the lease term was not an issue. This morning our informed us the lease only has 64 years and therefore requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • We currently own a garden flat in Hedge End and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 75 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Hedge End as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Hedge End