Sandwich Lease Extensions Example Support Desk Enquiries

  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years left so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any information would be much appreciated.
  • I will soon view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has sixety two years unexpired on the lease. It is also a repossession so I'm guessing that the lender will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • Are you able to advise on the likely expense and the optimum way to start the lease extension process? I have roughly 65 years remaining and I own a one bedroom apartment in Sandwich.
  • We are looking to extend our lease having owned the property for two years as of 1st Jan 2015. It has around 74 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • I an interested in finding out more about purchasing a leasehold residence. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Sandwich 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?
  • I'm intent on purchasing a flat in Sandwich at a price of £210,000 the flat has approximately 57 years unexpired on the lease. My offer was subject to the lease being renewed... .. that was back in June, expecting I'd have moved in by Christmas. They have just come back saying they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • Me and my fiance are in the throws of buying a flat (a studio flat located inSandwich with share of freehold). During our search, we were always looking at properties that had a minimum 83 years left. We came across a place we liked and the selling agent assured that the lease term was not an issue. This morning our informed us the lease only has 79 years and therefore needs a lease extension. Should we run away, or do we negotiate our offer?
  • I am the freeholder of a property in Sandwich where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to face?
  • We currently own a two bedroom first floor purpose built flat in Sandwich 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 eight years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • I'm looking for some advice with regard to a lease extension on my studio flat in Sandwich. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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