Common questions relating to Petersfield Lease Extensions

  • My wife has an apartment based in Petersfield which we have just put on the market. The leasehold has just under 72 years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I own a leasehold flat in the Petersfield area and was wondering whether I could obtain a lease extension. What are your processes and charges. There are 75 years left
  • I have a lease of seventy four years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I plan on buying a flat in Petersfield. My offer is subject to the lease extension. The vendor’s solicitors has given to the freeholder the Section 42 Notice. 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 Britannia. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm looking for an apartment to buy in Petersfield and I'm not really familiar with the leasehold tenure. I've found a garden flat I like with a 90 years lease. I've read that I can apply for a lease extension having owned the property for 2 years, but:- Is this a given?
  • I am about to view a two bedroom maisonette, 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 55 years left on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She submitted an offer on a garden flat in Petersfield, where the lease is around 75 years but she was advised by the selling agents that the current owner had extended it to 99 years. She has now been told the flat owner was holding off for her to instruct conveyancers before commencing with the lease extension. Sounds unscrupulous, also it will take a while to sort it all out. What do you think?
  • I am the freeholder of a Edwardian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety seven years. What are my next steps?
  • I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Petersfield. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I own the freehold to two flats. Someone has the lease on the ground flat in Petersfield. I live in the top flat. I was looking at the land registry documents today when I noticed that my flat has a lease on it. There is 68 years left on the lease. If I want a lease extension then would I simply be paying for the lawyers fees?
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    Lease Extensions in Petersfield

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