Ringmer Lease Extensions

Top Ten Questions relating to Ringmer Lease Extensions

My name´s Teddy. I’m house hunting in Ringmer I'm deliberating offering on a one bedroom apartment online, with around seventy six years left, how much will it likely cost to extend in this area by, say, fifty years?

I have shares in the freehold of buildings comprising of six flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the procedure for this

I am going to purchase a flat based in Ringmer. The offer is subject to the lease extension. The flat owner’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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?

Regarding a leasehold in Ringmer. upper maisonette. sixety two yrs remaining. I have negotiated a lease extension price of £14k for 125yrs. Freeholder also insisted on Initial Notice which I think should not be required. Can you assist.

My husband and I have a ground floor flat in Ringmer with sixety seven years remaining. Last year we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from notional to £200 per annum..plus a premium I think of approximately 14k. Finally we have decided to proceed but do we now have to renegotiate?

My wife and I are considering purchasing a studio flat in Ringmer which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?

I an interested in finding out more about purchasing a leasehold residence. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Ringmer area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?

I require an estimate to extend my mum’s lease on a garden flat in Ringmer. She already has a figure from the freeholder for a lease extension but I am not sure it is too expensive.

We currently own a one bed flat in Ringmer 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 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?

I am currently negotiating a lease extension for my flat in Ringmer 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 Ringmer