Common questions relating to Horsham Lease Extensions

  • 20,000 agreed with the landlord, just trying to find a Horsham for a lease extension. Our flat has around seventy one yrsleft. How long will this take ?
  • I am the registered owner of a flat in Horsham with a leasehold unexpired circa 68 years and need to extend it. Please can you advise me of the next steps
  • My wife has an apartment located in Horsham which we have just put on the market. The leasehold has nearly seventy eight years residual lease term on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Thank you.
  • We are in a block made up three flats in Horsham and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am a FTB of a leasehold flat in Horsham. The lease has only 59 years unexpired and ground rent is £50. Is it possible for the current owner to serve the Initial Notice and then assign over the right to me as the buyer once I complete the buying process so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the current owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.
  • I an interested in finding out more about leasehold property buying. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Horsham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I am looking to extend the lease on my studio flat in Horsham I am looking for help to verify the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • Coming up to 2 years that I have owned my studio flat in Horsham. I have seventy years remaining on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 425k. 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 financing - do they add it to their existing mortgage or pay it out in cash?
  • Me and my wife have been in discussion with our freeholder after having a valuation on our ground floor flat in Horsham. We have a 69 year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • My son is worried about seeking a lease extension from a difficult freeholder. Even though the legal procedures were adhered to under the appropriate legislation, the landlord still tried to charge ground rent of £200 doubling every twenty five years of the new term. Can you help?

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