FAQs concerning Lyndhurst Lease Extensions

  • My name´s Samuel. I’m property hunting in Lyndhurst I'm seeing a ground floor flat online, with about fivety six years outstanding, how much will it likely cost to get a lease extension by, say, 25 years?
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.
  • Do you only undertake lease extensions in Lyndhurst? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a .
  • I bought a garden flat in Lyndhurst. The start date for the lease was in 1991 for 99 years. Now I am wanting for a lease extension. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • Are you able to advise on the likely financials and the best way to get a lease extension started? I have nearon sixety seven years remaining and I own a two bedroom ground floor purpose built maisonette in Lyndhurst.
  • I own a share of the freehold. There are four flats in the building. All the leaseholders are now looking for lease extensions. What's your solicitors fee?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to acquire in Lyndhurst. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.
  • I'm intent on buying an apartment in Lyndhurst at a price of £195,000 the flat has approaching seventy nine years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in November, expecting I'd have moved in before now. The seller has just come back saying they'll reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Lyndhurst for a two bed flat - section 42 is already served?
  • We are in the throws of buying a flat (a garden flat based inLyndhurst with share of freehold). During our search, we were always looking at apartments that had at least eighty five years remaining. We came across a flat we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Today our informed us the lease only has fivety seven years and therefore requires 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?

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