Recently asked questions relating to Hurstpierpoint Lease Extensions

  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 79 years remaining.
  • I purchased a three bedroom second floor purpose built maisonette in Hurstpierpoint with a leasehold unexpired of 61 years. I am curious about how much I will need to spend to extend my lease term
  • I am about to put an offer in on a studio flat in Hurstpierpoint with a lease of sixety nine years but have no idea 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 am about to view a two bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety two years remaining on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • My mortgage lender requires several hundred pounds for their conveyancers to approve the lease extension deed for my flat in Hurstpierpoint... I can find no reference of this in my mortgage booklet... is this a usual fee to pay?
  • My OH and I are considering purchasing a garden flat in Hurstpierpoint which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • Hello I am the freeholder title in a 3 bedroom flat in Hurstpierpoint. The leaseholder has a 70 year lease and would like to purchase further 125 years. She is offering me £21,000 but I am unsure if this is a correct amount
  • I'm intent on purchasing a flat in Hurstpierpoint valued at £195,000 the flat has just under 59 years unexpired on the lease. I put in an offer conditional upon the lease being extended... .. that was back in September, hoping I'd have completed by now. They have just come back saying that they are prepared to knock £3k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I have sixety three years remaining on my lease of a ground floor flat in Hurstpierpoint, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Hurstpierpoint

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