Lease Extensions in Romney

Frequently asked questions relating to Romney Lease Extensions

20,000 agreed with the landlord, just seeking to find a Romney for a lease extension. Our lease has around 57 yrsoutstanding. How long will this take ?

I am looking for a lease extension on the lease on my maisonette in Romney which will have 73 years left in August. What fees do you charge for this?

We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 899 years remaining so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.

I have a lease of 68 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I own a maisonnette together with the freehold. My downstairs neighbours have asked to extend the lease what do I need to do?

I am thinking about purchasing an auction property and came upon a studio flat in Romney. It has just 48 year lease..the current owner being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Norwich and Peterborough Building Society?

I'm looking at acquiring an apartment in Romney at a price of £256,000 the flat has something like 78 years left on the lease. I put in an offer subject to the lease being extended... .. that was back in September, expecting I'd be in before now. The owner has just come back saying that they are prepared to reduce the price by£8k if I deal with the lease extension myself. I'm not sure whether that's a good idea

Me and my fiance are in the throws of buying a flat (a garden flat inRomney with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years balance left. We came across a flat we liked and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our informed us the lease only has 73 years and thus needs a lease extension. Should we run away, or should we reduce our offer?

My and my partner know that others in the same block had already had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?

Are you able to provide an estimate to extend my mother’s lease on a studio flat in Romney. She recently got a price from the landlord for a lease extension but I am far from certain if it is too expensive.

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