Henfield Lease Extensions

Henfield Lease Extensions: Q and A’s

I'm planning to make an offer on a house in Henfield but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barclays Direct giving us the mortgage now?

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has seventy seven years remaining.

Do you only advise on lease extensions in Henfield? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .

I own a leasehold flat in Henfield. I have built a large extension and have not informed the leaseholder. What are my options?

I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a garden flat in Henfield, where the lease is around 59 years but she was told by the selling agents that the current owner had extended it to 125 years. Only now has she been told the vendor was holding off for her to instruct lawyers prior to commencing with the lease extension. Seems unscrupulous, also it will take a while to sort it all out. Am I being too sceptical?

My husband and I have owned a leasehold flat for around twenty years. There are 62 years remaining on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate some independent thoughts.

I'm living at mum and dad but have a garden flat in Henfield let out which has a seventy nine year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Henfield for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?

Coming up to 2 years that I have been in my garden flat in Henfield. I have 70 years unexpired lease on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?

I own the freehold reversion of a property in Henfield and a leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this to £10,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to incur?

I require an estimate to extend my aunt’s lease on a garden flat in Henfield. She recently got a price from the landlord for a lease extension but I am far from certain if it is too expensive.

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