Lease Extensions in Rustington

Rustington Lease Extensions: Q and A’s

I’m about to offer on a garden flat to purchase in the Rustington area and was after more information on how much would it cost for a lease extension? It has sixety six years left...

Hello, I stumbled upon this website. I'm seeking prices on what it cost to extend a lease of a studio flat in Rustington. It's on the market at the moment but has around 73 years unexpired lease on the lease

I just completed on a property in Rustington and it has just under seventy years balance left. I'd like to arrange a lease extension by twenty years

I have a lease of 59 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am going to purchase a flat in Rustington. The offer is conditional upon a lease extension. The vendor’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays . Moreover, which are the following lease extension steps to complete the purchase?

I'm planning on purchasing a garden flat (leasehold) but the landlord has been missing for roughly 15yrs. My query is would it be cheaper to try to buy the reversionary title or to get a lease extension and apply for right to manage?

Me and my wife had entered into a purchase of a garden flat in Rustington. I was advised by the EA that the lease extension had already been completed while on a viewing (72 years outstanding prior to extension). The sales particulars said "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The homeowner supposedly has a quote but no funds to extend as a result the current owner wishes to exchange and use the my deposit to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?

I would like some advice on purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Rustington area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?

Coming up to 2 years that I have been in my ground floor flat in Rustington. I have seventy six yrs 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 450k. 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?

I am currently in the process of remortgaging my garden flat in Rustington and the bank that I am looking to switch to requires at least 85 years on the leasehold of my property in order for them to progress matters. We currently have around sixety five years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension

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