Frequently asked questions relating to Rottingdean Lease Extensions

  • I am looking for a in Rottingdean and they should be on the National Westminster Bank approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend a ?
  • I invested in buying a maisonette in Rottingdean. The start date for the lease was in 1991 for 99 years. Now I am wanting to extend the lease. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • I am the registered owner of a one bedroom apartment in Rottingdean. I am looking for a lease extension on the property. It is about 80 years. I would just like to know what your charges are and how long it would take for completion.
  • I need to talk to you about an apartment in Rottingdean, I am thinking of buying at auction next week. The flat only has a few years unexpired lease and I was wondering about how much it would cost to get a lease extension and for your services.
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Rottingdean and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Virgin Money to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease began in 1972 and since then the ground rent has increased from £25.00 per annum to £100 per year.
  • I am a first time buyer of a leasehold flat in Rottingdean. The lease has just 57 years unexpired and ground rent is £25. Is it possible for the vendor to serve the Notice of Claim and then assign this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the flat owner? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.
  • I wondered if you could help me on the likely expense and the optimum way to start the lease extension process? I have just over 77 years remaining and I own a three bedroom ground floor purpose built maisonette in Rottingdean.
  • I'm living at mum and dad but have a studio flat in Rottingdean let out which has a 78 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 Rottingdean 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 21k. Should I keep or sell the flat?
  • Just been over 2 years that I have owned my garden flat in Rottingdean. I have sixety years outstanding on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • We currently own a studio flat in Rottingdean 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 sixety seven years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?

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