FAQs concerning Pagham Lease Extensions

  • I agreed with the landlord to a lease extension on our flat based in Pagham, 10k for a further 90yrs. Are you willing to guide us with this situation ?
  • I’m about to offer on a a property to purchase in the Pagham area and was after more information on how much would it cost for a lease extension? It has 67 years unexpired...
  • We are in a block comprising three flats in Pagham and have been offered to buy the freehold for £6000 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 own a leasehold apartment in Pagham. I have built a huge extension and have not informed my freeholder. What are my options?
  • Are you able to advise on how much it would expense and the best way to start the lease extension process? I have slightly less than fivety five years outstanding and I own a studio flat in Pagham.
  • I have my suspicions that my daughter is being hoodwinked. She submitted an offer on a ground floor flat in Pagham, where the lease is circa 63 years but she was told by the selling agents that the current owner had extended it to 125 years. Only now has she been advised the owner was holding off for her to instruct solicitors ahead of instigating the lease extension. Seems unscrupulous, also it may take months to sort it all out. What do you think?
  • Coming up to two years that I have been in my garden flat in Pagham. I have sixety four yrs left on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Pagham
  • I'm looking at buying an apartment in Pagham at a price of £210,000 the flat has something like 59 years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in June, hoping I'd have completed before Christmas. They have just come back saying they are willing to knock £4k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • I am the freeholder of a property in Pagham and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My valuer has suggested a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
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    Lease Extensions in Pagham

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