Hythe Lease Extensions

FAQs concerning Hythe Lease Extensions

My name´s Henry. I’m house hunting in Hythe I'm seeing a one bedroom first floor purpose built flat online, with roughly sixety one years outstanding, how much will it likely cost to get a lease extension by, say, thirty years?

I have contacted my freeholder to extend my lease for my flat in Hythe. His has been in contact concerning fees etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started March 1987.

I plan on buying a flat based in Hythe. My offer is conditional upon a lease extension. The seller’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Halifax. Moreover, which are the following lease extension steps to complete the purchase?

We are selling our GFF in Hythe but we may need a lease extension, or at least cover the expense of our buyers. Can you suggest someone to undertake the legal formalities?

I am about to view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy eight years residual lease term on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?

We have owned a leasehold flat for around eighteen years. There are seventy seven years remaining on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome advice.

I'm living at mother and father but have a two bedroom ground floor purpose built flat in Hythe let out which has a seventy six 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 Hythe 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. Not sure sure whether to hold on or sell the flat?

I have a flat in Hythe with seventy seven years remaining on the lease. I am looking for a to act for me to achieve a lease extension. Can you assist?

I know that others in the same block previously had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you recommend this course of action?

I am currently negotiating a lease extension for my flat in Hythe 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?

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