Recently asked questions relating to Marske By The Sea Lease Extensions

  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Marske By The Sea, and my lease will reach 61 years this December. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • My co-lessees and I are in a building comprising three flats in Marske By The Sea and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I'm looking for an apartment to purchase in Marske By The Sea and I'm not really familiar with the leasehold arrangement. I've found a place I like with a 90 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Is this a given?
  • I am about to view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 57 years residual lease term on the lease. It is also a repossession so I'm guessing that the bank will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • My mortgage provider requires a £600 fee for their for a "deed of substituted security" for the lease extension for my flat in Marske By The Sea... I am unable to find any mention of this in my mortgage booklet... is this a normal cost that they charge?
  • I am a landlord of a block of flats in Marske By The Sea, and the tenants are in the process of being given lease extensions. I should hopefully get the money within a month or so. As I am not on self assessment do I write to HMRC ?
  • We have a residential flat in Marske By The Sea with 75 years to run. Last year we were quoted a deal to grant a lease extension for another 25 years but also uplift the ground rent from nominal to £200 per year..plus a premium I think of approximately 9k. Finally we have decided to go ahead but do we now have to renegotiate?
  • My apartment in Marske By The Sea is up for sale and I have a hopefully firm offer. There is 82 years unexpired on the lease and I want a lease extension. How much will it likely cost to extend in this area by, say,45 years
  • I'm looking at purchasing a flat in Marske By The Sea at a price of £195,000 the flat has approaching sixety two years left on the lease. My offer was subject to a lease extension... .. that was back in September, expecting I'd have completed by now. The owner has just informed me they'll reduce the price by£8k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Marske By The Sea

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