Frequently asked questions relating to Petersfield Lease Extensions

  • My OH agreed with the freeholder to a lease extension on our flat in Petersfield, 13k for a further 90yrs. Can you please assist us with this situation ?
  • I’ve just purchased a three bedroom first floor purpose built flat located inPetersfield and I'm deliberating a lease extension as soon as I can e.g. in 24 months of ownership
  • I am the registered owner of a property in Petersfield and it has roughly 68 years residual lease term. I'd like to arrange a lease extension by twenty years
  • I am looking to extend the lease on my garden flat in Petersfield which will have 72 years left in September. What fees apply?
  • I am interested in getting a lease extension for a flat in Petersfield and want to use a local . Is there a that you can recommend?
  • I am going to purchase a flat based in Petersfield. The offer is subject to the lease extension. The homeowner’s has served 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 Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • Me and my husband have owned a leasehold flat for approximately fifteen years. It now has 60 years remaining on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would welcome advice.
  • I am hoping to extend the lease on my studio flat in Petersfield I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I own the freehold reversion of a property in Petersfield and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My valuer has suggested a much higher premium. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to face?

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