Rustington Lease Extensions

Common questions relating to Rustington Lease Extensions

I purchased a garden flat in Rustington that I am finding difficult to sell due to the lease requiring a lease extension. How long will it take ?

My partner has an apartment in Rustington which we have just put on the market. The leasehold has circa 78 years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.

I need to negotiate a lease extension for a flat in Rustington and want to use a local . Is there a that you can recommend?

I would like to have my residential flat leasehold extension premium assessed. The flat is in Rustington, and my lease will reach 61 years this Septembmer. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?

I'm looking for an apartment to purchase in Rustington and I'm not really familiar with the leasehold tenure. I've identified a one bedroom apartment I like with a 82 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?

I am a first time buyer of a leasehold flat in Rustington. The lease has only seventy four years residual lease term and ground rent is £95. Is it possible for the flat owner to serve the Initial Notice 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 consuming to the vendor? To add to the complexity the landlord is absent, so I am not sure how this will play out.

Regarding a leasehold in Rustington. lower maisonette. sixety yrs unexpired. I have negotiated a lease extension price of £20k for 125yrs. Landlord also requested Initial Notice which I think is a tad over the top. Advice required.

We are looking to extend our lease having owned the property for 2 years as of 1st Feb 2015. It has circa seventy four years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.

I'm living at mum and dad but have a ground floor flat in Rustington let out which has a seventy four 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 21k. Should I keep or sell the flat?

I have sixety four 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

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