Questions and Answers: Petersfield Lease Extensions

  • I’m thinking about a lease extension for our apartment located in Petersfield and we don't fully comprehend the letter that we got from our landlord company. Can you please assist us with this situation?
  • I have got a leasehold flat in the Petersfield area and was enquiring whether I could get a lease extension. What are your processes and fees. There are seventy seven years remaining
  • How much will it cost me and what is the best way to start the lease extension process? I have roughly 57 years unexpired lease on my lease on a 2 bed flat in Petersfield. I have contacted the agent who represent the head landlord and they provided me with the number of the surveyor. I left a phone message for the valuer but I am not getting any returned calls.
  • We are considering buying a ground floor flat in Petersfield which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
  • My conveyancers (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?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy six years. I need a solicitors at my end. Can you advise please? I live near Petersfield and have a mortgage with Coventry Building Society.
  • Just been over 2 years that I have been in my garden flat in Petersfield. I have 59 years left on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?
  • My and my husband are concerned about obtaining a lease extension from tricky landlord. Notwithstanding that the correct procedures were adhered to under the 1993 Act, the landlord still attempted to get ground rent of £250 increasing by 100% every twenty years of the new lease. Can you assist?
  • Do you handle lease extensions on land? (a plot of land in Petersfield with 82yrs remaining)
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    Lease Extensions in Petersfield

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