Saltdean Lease Extensions

Saltdean Lease Extensions Example Support Desk Enquiries

I inherited a flat in Saltdean with a leasehold unexpired nearly seventy two years and need a lease extension. Please can you clarify the next stages

My wife has a flat in Saltdean which we have just put on the market. The leasehold has just under 68 years outstanding on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.

I need to extend my existing lease can you assist? I think it has fivety eight years balance left

I would like to have my residential flat leasehold extension premium assessed. The flat is in Saltdean, and my lease will reach 79 years this December. 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 am considering purchasing an auction property and identified a studio flat in Saltdean. It only has a 48 year lease..the seller as mortgagees in possession dont want to mess around with seeking a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and decreased chance of getting a mortgage with Lloyds TSB Bank?

Offer accepted on a a one bed flat in Saltdean, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 85 years.Contracts were due to be exchanged within a week. My question is Have the estate agents breached any law by misrepresenting the position concerning the lease term?

I am looking for advice as I am interested in a property that has only a seventy year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?

Coming up to 2 years that I have owned my two bedroom second floor purpose built maisonette in Saltdean. I have 64 years left on the lease. I am now looking either to purchase a share of freehold or a lease extension. 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?

If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?

We currently own a studio flat in Saltdean 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 seventy two 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. Can you offer some advice on this? Should 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 Saltdean