Lease Extensions in Hilsea

Common questions relating to Hilsea Lease Extensions

I’ve just bought a three bed flat inHilsea and I'm deliberating a lease extension as soon as I can e.g. after two years

I inherited a flat in Hilsea with a leasehold unexpired roughly sixety two years and need a lease extension. Please can you advise me of the next steps

I am looking to purchase a garden flat in Hilsea with a lease of 70 years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

I purchased a one bedroom apartment in Hilsea. I am looking for a lease extension on the property. It is nearing eighty one years. I would just like to know what your charges are and how long the process takes.

I am a freeholder of a block of flats in Hilsea, and the leaseholders are in the process of being granted lease extensions. I should hopefully get funds next month. Are there any tax implications, the property is in joint names with my wife ?

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

I am looking to buy a one bed flat in Hilsea for asking price of 125k, which has 69 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

We currently own a garden flat in Hilsea 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 seventy two years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

I'm looking for some advice with regard to a lease extension on my studio flat in Hilsea. I'll be looking to do this sometime next year as we need to move at some point 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 extend it now or wait until I sell my place and have it all tied in with the property sale?

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