Lease Extensions in Rottingdean

Recently asked questions relating to Rottingdean Lease Extensions

I bought a property in Rottingdean and it has nearly fivety eight years residual lease term. I'd like to arrange a lease extension by twenty years

We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 899 years balance left so a lease extension is not a concern. 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 25 years without the house being ours. Any guidance would be much appreciated.

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

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I am the owner of a maisonnette and the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?

My neighbours and I are in a building containing four flats in Rottingdean and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I am a landlord of a block of flats in Rottingdean, and the leaseholders are in the process of being issued lease extensions. I should hopefully get funds within a month or so. As I am not on self assessment do I get in touch with the tax man ?

I do not need a lease extension but I do need a vesting order on a property I want to purchase in Rottingdean. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.

I am the registered freeholder to two flats. Someone has the lease on the garden flat in Rottingdean. I occupy in the top flat. I was reviewing the land registry documents yesterday when I noticed that my flat is leasehold. There is sixety seven years balance left. If I want a lease extension then would I just be paying for the charges?

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