Littlehampton Lease Extensions: Q and A’s

  • I’m just looking for a garden flat to purchase in the Littlehampton area and was enquiring what the likely fees would be for a lease extension? It has 58 years as a balance left...
  • I have an interest in the freehold of buildings comprising of 8 flats each. 2 of the leasehold owners want a lease extension and I'm enquiring about the the process
  • I have got a leasehold flat in the Littlehampton area and was curious if I could obtain a lease extension. What are your processes and fees. There are 58 years unexpired
  • I bought a garden flat in Littlehampton. The lease started in 1992 for 99 years. Now I am looking to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I need to talk to you about an apartment in Littlehampton, I am considering bidding at auction in the next few days. The flat only has a few years remaining and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I am about to view a two bedroom flat, although not exactly my dream 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 61 years residual lease term on the lease. It is also a repossession so I'm guessing 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 brother and I have owned a leasehold flat for around twenty years. There are 56 years outstanding on the lease. After a year of protracted 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 LVT and would welcome advice.
  • Just been over 2 years that I have been in my two bedroom second floor purpose built maisonette in Littlehampton. I have 65 years unexpired lease on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • Me and my fiance are hoping to purchase a flat (a one bedroom first floor purpose built flat based inLittlehampton with share of freehold). During our search, we were always looking at flats that had a minimum 83 years residual lease term. We came across a flat we fell in love with and the selling agent assured that the lease term was not an issue. Today our informed us the lease only has sixety one years and thus requires a lease extension. Should we walk away, or should we reduce our offer?
  • I have a lease of fivety eight years remaining on my flat in Littlehampton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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