Examples of recent questions relating to Lease Extensions in Rustington

  • My partner has an apartment based in Rustington which we have just put on the market. The leasehold has nearly 68 years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • Is it possible to talk with you about a flat in Rustington, I am thinking of buying at auction next week. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.
  • I'm looking for a flat to purchase in Rustington and I'm not really familiar with the leasehold arrangement. I've found a place I like with a 87 years lease. I've read that I can go for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with the mortgage?
  • I have my suspicions that my niece is being hoodwinked. She put in an offer on a studio flat in Rustington, where the lease is slightly less 63 years but she was advised by the selling agents that the homeowner had extended it to 99 years. Only now has she been advised the vendor was holding off for her to appoint solicitors ahead of instigating the lease extension. Sounds unscrupulous, also it may take months to sort it all out. Am I being too sceptical?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
  • I am looking to buy a one bed flat in Rustington for asking price of 156k, which has sixety two years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm living at mum and dad but have a two bedroom second floor purpose built maisonette in Rustington let out which has a sixety one 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 Rustington 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 13k. Should I keep or sell the flat?
  • Are you able to provide an estimate to extend my aunt’s lease on a two bedroom ground floor purpose built maisonette in Rustington. She recently got a price from the landlord for a lease extension but I am unclear whether it is too expensive.
  • I have seventy two years remaining on my lease of a ground floor flat in Rustington, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Rustington
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    Lease Extensions in Rustington

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