Questions and Answers: Seaton Lease Extensions

  • My wife has an apartment in Seaton which we are about to put on the market. The leasehold has around 56 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 commence arranging a lease extension? Thank you.
  • I need to extend my current lease can you assist? I think it has 68 years unexpired
  • I need to negotiate a lease extension for a flat in Seaton and want to use a local . Are you able to help me find a ?
  • I am looking at buying an auction property and found a one bed flat in Seaton. It has just fifty-one year lease..the seller as mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of obtaining a mortgage with Lloyds TSB Bank?
  • Regarding a residence in Seaton. GFF maisonette. 59 yrs left. I have negotiated a lease extension price of £12,000 for 135yrs. Freeholder also requested Section 42 Notice which I think is a bit over the top. Can you assist.
  • I own a share of the freehold. There are three apartments in the block. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
  • Just a quick one, how much does it cost for a lease extension on a residential property in Seaton for a one bed flat - sec 42 is already served?
  • I am the registered freeholder to two flats. Someone has the lease on the lower flat in Seaton. I occupy in the upper flat. I was reviewing the title deeds last night when I noticed that my flat has a lease on it. There is 66 years outstanding. If I want a lease extension then would I simply be paying for the costs?
  • Are you able to provide an estimate to extend my aunt’s lease on a three bed flat in Seaton. She already has a price from the landlord for a lease extension but I am unclear whether it is too high.
  • I am planning on refinancing my one bedroom ground floor purpose built flat in Seaton and the bank that I am looking to move to needs a minimum 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around 60 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension

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