Recently asked questions relating to Liphook Lease Extensions

  • I’m thinking about a lease extension for our apartment located in Liphook and we don't fully comprehend the communication that we received from our landlord company. Can you please help us with this situation?
  • My partner has an apartment based in Liphook which we are about to put on the market. The leasehold has nearly sixety four years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I am going to purchase a flat based in Liphook. My offer is conditional upon a lease extension. The current owner’s has served the Section 42 Notice. 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 Godiva Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
  • I am considering whether to purchase the freehold or a lease extension of my property in Liphook and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Skipton Building Society to release of equity. The adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease commenced in 1981 and since then the ground rent has increased from £38.00 per year to £125 per year.
  • I'm looking for a flat to buy in Liphook and I'm not really familiar with the leasehold arrangement. I've identified a ground floor flat I like with a 91 years lease. I've read that I can get a lease extension having owned the property for a couple of years, but:- Is this a given?
  • Are you able to advise on the likely financials and the best way to start the lease extension process? I have nearly seventy nine years unexpired lease and I own a studio flat in Liphook.
  • I own a share of the freehold. There are three apartments in the building. All the leaseholders are now seeking lease extensions. What's your legal fee?
  • I'm living at mum and dad but have a two bedroom ground floor purpose built maisonette in Liphook let out which has a fivety five 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 Liphook 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?
  • We currently own a ground floor flat in Liphook and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 58 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I'm looking for some advice with regard to a lease extension on my maisonette in Liphook. 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?

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