Common questions relating to Romsey Lease Extensions

  • I’m just looking for a garden flat to buy in the Romsey area and was after more information on what the likely fees would be for a lease extension? It has fivety nine years as a balance left...
  • My wife has a flat located in Romsey which we are about to put on the market. The leasehold has circa sixety years remaining on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Many thanks.
  • I have been in touch with my freeholder to extend my lease for my flat in Romsey. Her conveyancers has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started Septembmer 1986.
  • I'm looking for a flat to buy in Romsey and I'm not really familiar with the leasehold arrangement. I've found a studio flat I like with a 90 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
  • I an interested in finding out more about purchasing a leasehold residence. We plan 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 Romsey 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?
  • My father has a share of freehold, with two other leaseholders in a building in Romsey. House converted into three flats. He has a lease, which has nearon 73 yrs outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • I'm living at parents but have a two bedroom first floor purpose built maisonette in Romsey let out which has a 64 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Romsey for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Romsey. I reside in the top flat. I was looking at the land registry documents last night when I noticed that my flat has a lease on it. There is sixety nine years left. Is it possible to do a lease extension without retaining a conveyancing practitioners?
  • I am the freeholder of a property in Romsey where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has upped this to £10,000 without too much effort. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
  • I have 70 years remaining on my lease of a ground floor flat in Romsey, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Romsey

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