FAQs concerning Lancing Lease Extensions

  • We have just completed on a maisonette located inLancing and I'm deliberating extending the lease as soon as I can e.g. after 24 months of ownership
  • My name´s Archie. I’m property hunting in Lancing I'm seeing a three bedroom second floor purpose built maisonette online, with roughly 78 years unexpired lease, how much does it cost on average to extend in this area by, say, ninety years?
  • I'm planning to make an offer on a house in Lancing but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barnsley Building Society giving us the mortgage now?
  • Hi. I need someone to have a look at my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
  • Although I do not need a lease extension but I do need a vesting order on a property I want to purchase in Lancing. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the garden area.
  • Hi I am the freeholder reversion in a 3 bedroom flat in Lancing. The leaseholder has a fivety four year lease and would like to purchase an additional 125 years. She is offering me £18,000 but I am not sure if this is in the right ballpark
  • We are in the throws of buying a flat (a 2 bed flat located inLancing with share of freehold). During our search, we were always looking at apartments that had at least 84 years left on the lease. We found a place we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our informed us the lease only has fivety eight years and therefore needs a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I'm seeking some assistance with regard to a lease extension on my apartment. I'll be looking to do this next summer as we need to move 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 LVT route. Can you recommend a good who specialises in lease extensions. Ideally someone in Lancing area?
  • My father knows that others in the same building previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?
  • I'm looking for some advice with regard to a lease extension on my studio flat in Lancing. 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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