Frequently asked questions relating to Kemp Town Lease Extensions

  • My name´s Andrew. I’m property hunting in Kemp Town I'm thinking about offering on a garden flat online, with around sixety eight years left, how much will it likely cost to get a lease extension by, say, thirty years?
  • Hi, I just randomly found this website. I'm looking for prices on what it cost to extend a lease of a garden flat based in Kemp Town. It's on sale at the moment but has just over 58 years unexpired lease on the lease
  • I'm deliberating over purchasing a maisonette (leasehold) but the landlord has been missing for approximately 15yrs. My query is would it be cheaper to try to buy the freehold or to get a lease extension and apply for right to manage?
  • Re a property in Kemp Town. upper maisonette. seventy four yrs unexpired. I have negotiated a lease extension price of £20k for 115yrs. Landlord also requested Section 42 Notice which I think should not be required. Can you assist.
  • I an interested in finding out more about leasehold property buying. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Kemp Town area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • My son has a share of freehold, with two other leaseholders in a building in Kemp Town. House divided into three apartments. He has a lease, which has slightly more than sixety three yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 73 years. I need a at my end. Can you advise please? I live near Kemp Town and have a mortgage with Virgin Money.
  • My husband and I have been in discussion with our freeholder after having a valuation on our ground floor flat in Kemp Town. We have a 77 year lease and we wish to increase this to 99. The Freeholder has provided 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 our behalf.
  • I'm looking at acquiring an apartment in Kemp Town valued at £210,000 the flat has approaching seventy two years left on the lease. I put in an offer subject to the lease being extended... .. that was back in August, expecting I'd have moved in before now. They have just informed the agent they'll reduce the price by£8k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • My and my husband know that others in the same block previously had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?

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