FAQs concerning New Forest Lease Extensions

  • I am looking to buy a two bedroom second floor purpose built flat in New Forest with a lease of 69 years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • The terms for the lease on my flat in New Forest are 99 years from 14 Sep 1989. Can you supply me me a quote for a lease extension if I give you more details please?
  • Is it possible to talk with you about an apartment in New Forest, I am considering buying at auction next month. The flat only has a few years outstanding and I was wondering about how much it would cost to get a lease extension and for your services.
  • I will soon view a one bedroom apartment, 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 fivety nine years outstanding on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • Regarding a residence in New Forest. lower maisonette. 58 yrs unexpired. I have negotiated a lease extension price of £14k for 125yrs. Landlord also requested Section 42 Notice which I think is a tad over the top. Can you assist.
  • 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?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 71 years. I need a at my end. Can you advise please? I live near New Forest and have a mortgage with Halifax.
  • We are acquiring a studio flat in New Forest which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to hold on until the new lease is registered?
  • I am currently in the process of refinancing my one bedroom apartment in New Forest and the mortgage company that I am looking to move to needs at least 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around seventy nine years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
  • I have a lease of sixety three years remaining on my flat in New Forest. 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?

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