Frequently asked questions relating to Petworth Lease Extensions

  • My partner has a flat based in Petworth which we have just put on the market. The leasehold has nearly 78 years unexpired on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.
  • I want to buy a leasehold property and lease extension. The homeowner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Hello. I need a to review my lease extension ahead of it being formalised just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • I'm deliberating over buying a one bedroom apartment (leasehold) but the freeholder has been missing for approximately 15yrs. I wonder whether it will be cheaper to try to buy the freehold or to extend lease and apply for right to manage?
  • Ref a leasehold in Petworth. upper maisonette. 74 yrs remaining. I have an agreed lease extension to £14k for 135yrs. Freeholder also requested Notice of Claim which I think should not be necessary. Advice required.
  • We would like to extend our lease. We will have been in the apartment for two years as of 22nd Jan 2016. It has approximately 74 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • Me and my fiance are hoping to acquire a flat (a studio flat based inPetworth with share of freehold). During our search, we were always looking at flats that had at least ninety years left. We found a apartment we fell in love with and the estate agent promised us that the lease term was not an issue. Yesterday our told us the lease only has seventy four years and therefore requires a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I'm looking for some assistance concerning extending the lease on my maisonette. I'll be looking to do this sometime next year as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • My friend is aware that others in the same building had already had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?
  • I am planning on remortgaging my two bedroom second floor purpose built flat in Petworth and the next lender that I am looking to move to needs a minimum 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around 73 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process

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