Top Ten Questions relating to Peacehaven Lease Extensions

  • I have contacted my freeholder for a lease extension for my flat in Peacehaven. His conveyancers has been in contact concerning fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started July 199.
  • I plan on buying a flat located in Peacehaven. My offer is conditional upon a lease extension. The vendor’s solicitors has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • We are in a building comprising three flats in Peacehaven 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 invested in buying a one bed flat in Peacehaven. I am looking to extend lease on the property. It is around eighty one years. I would just like to know what your charges are and how long the process takes.
  • How much will it cost me and what is the best way to start the lease extension process? I have around 70 years outstanding on my lease on a ground floor flat in Peacehaven. I have called the agent who represent the landlord and they sent me the number for the valuer. I left a phone message for the surveyor but I am not getting any returned calls.
  • Me and my sister are considering buying a maisonette in Peacehaven which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I am seeking advice as I am interested in a property that has only a 62 year lease and therefore requires a lease extension. Is it possible for me to call someone to go through my options please?
  • Coming up to 2 years that I have been in my ground floor flat in Peacehaven. I have fivety five yrs remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Peacehaven based lawyers or any will do fine?
  • Do you handle lease extensions on land? (a plot of land in Peacehaven with 82yrs remaining)
  • I have a lease of sixety nine years remaining on my flat in Peacehaven. 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?
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    Lease Extensions in Peacehaven

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