Common questions relating to New Forest Lease Extensions

  • So this is the scenario: I purchased a one bedroom apartment in New Forest that I am now unable to sell due to the lease needing a lease extension. Are you able to help me with this situation ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I purchased a ground floor flat in New Forest. The lease started in 1992 for 99 years. Now I am looking for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • Is it possible to talk with you about a leasehold property in New Forest, I am thinking of bidding at auction in the next few days. The flat has a short lease and I was wondering about what it would cost to get a lease extension and for your services.
  • I'm looking for an apartment to buy in New Forest and I'm not really familiar with the leasehold title. I've identified a maisonette I like with a 82 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Bank of Ireland?
  • My partner and I are considering buying a maisonette in New Forest which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • My wife and I had entered into a purchase of a maisonette in New Forest. I was advised by the EA that the lease extension had already been completed while on a viewing (fivety eight years remaining prior to extension). The sales particulars said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The homeowner supposedly has a quote but no funds to extend as a result the flat owner intends to exchange and use the deposit monies for the lease extension. My question is as the lease hasn't been extended is there not a danger that TSB won't lend on a lease?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • My brother has a share of freehold, with two other leaseholders in a building in New Forest. House converted into three flats. He has a lease, which has just over seventy four years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in New Forest. I live in the upper flat. I was reviewing the title deeds last night when I noticed that my flat is leasehold. There is 68 years left. Can one carry out a lease extension without retaining a ?

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