Top Ten Questions relating to Pulborough Lease Extensions

  • I am looking for a in Pulborough and they need to be on the Aldermore approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
  • We hope to sell our ground floor flat in Pulborough but we may need to extend the lease, or at least cover the costs of our purchaser. Are you able to recommend someone to undertake the legal formalities?
  • I am looking into the costs of carrying out a lease extension for my two bedroom ground floor purpose built maisonette in Pulborough, and would like some figures on that.
  • I invested in buying a garden flat in Pulborough. I am looking for a lease extension on the property. It is around eighty years. I would just like to know what your charges are and how long it would take for completion.
  • I am about to view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has fivety four years balance left on the lease. It is also a repo so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I would like some guidance on leasehold property buying. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Pulborough area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • My dad has a share of freehold, with two other leaseholders in a building in Pulborough. House split into three apartments. He has a lease, which has nearly sixety eight yrs outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I'm intent on buying an apartment in Pulborough valued at £210,000 the flat has approaching 77 years unexpired on the lease. I put in an offer subject to the lease being extended... .. that was back in June, expecting I'd have moved in before Christmas. The owner has just come back saying they'll reduce the price by£2k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • I know that others in the same block had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
  • I am currently negotiating a lease extension for my flat in Pulborough as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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