Portslade Lease Extensions

Top Ten Questions relating to Portslade Lease Extensions

My husband and I are looking for lease extension for our apartment in Portslade and we are confused by the communication that we received from our landlord company. How long will it take?

I’m about to offer on a one bedroom apartment to buy in the Portslade area and was enquiring what the likely fees would be to extend a lease? It has seventy one years remaining...

I am looking to either purchase the freehold or a lease extension of my property in Portslade and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Leeds Building Society to free up equity. My broker handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease commenced in 1991 and since then the ground rent has increased from £15.00 per year to £125 per year.

Regarding a property in Portslade. GFF maisonette. 60 yrs remaining. I have an agreed lease extension to £12,000 for 135yrs. Freeholder also requested Notice of Claim which I think should not be necessary. Advice required.

I own a share of the freehold. There are four flats in the building. All the leaseholders are now seeking lease extensions. What's your solicitors fee?

I am in need of a lease extension for my flat in Portslade and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?

Just a quick question, how much are the legal fees for a lease extension on a residential property in Portslade for a one bed flat - sec 42 is already served?

My colleague is worried about getting a lease extension from an objectionable freeholder. Regardless of the fact that the legal procedures were followed under the 1993 Act, the landlord still attempted to get ground rent of £250 increasing by 100% every twenty five years of the new lease. Can you help?

We currently own a 2 bed flat in Portslade and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 58 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?

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