Newhaven Lease Extensions

Sample questions relating to Newhaven Lease Extensions

I'm intending to make an offer on a house in Newhaven but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Godiva Mortgages Ltd giving us the mortgage now?

I wondered if you could help me on the likely financials and the best way to start the lease extension process? I have just under 62 years unexpired lease and I own a 2 bed flat in Newhaven.

My mortgage lender requires several hundred pounds for their to agree a lease extension for my flat in Newhaven... I am unable to find any mention of this in my mortgage guide... is this a standard fee to pay?

Me and my fiance had entered into a purchase of a garden flat in Newhaven. I was assured that the lease had been lengthened (fivety six years left prior to extension). The sales particulars said "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The homeowner supposedly has a quote but no finances to extend and consequently the homeowner wants to exchange and use the 10% deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?

I am in need of a lease extension for my flat in Newhaven and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

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?

If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

We have been in discussion with our freeholder after having a valuation on our garden flat in Newhaven. We have a fivety five year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.

Just a quick question, how much is the premium payable for a lease extension on a residential property in Newhaven for a two bed flat - section 42 having been issued?

I'm looking for some help with regard to extending the lease on my flat. The intention is to do this next June as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. You are able to recommend a good who specialises in lease extensions. Preferably someone in Newhaven area?

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