Top Ten Questions relating to Seaton Sluice Lease Extensions

  • Me and my OH are seeking a lease extension for our leasehold house in Seaton Sluice and we don't fully understand the communication that we got from our landlord company. What's your solicitors fee?
  • Hello, I just randomly found this website. I'm seeking prices on what a lease extension will cost for a a property in Seaton Sluice. It's on the market at the moment but has slightly more than sixety eight years of unexpired leasehold
  • I want to purchase a leasehold property and extend the lease. The flat owner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking to buy a studio flat in Seaton Sluice with a lease of 79 years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • Ref a property in Seaton Sluice. upper maisonette. 71 yrs left. I have an agreed lease extension to £20k for 125yrs. Landlord also requested Initial Notice which I think is a bit over the top. Can you assist.
  • We have a ground floor flat in Seaton Sluice with fivety five years left. Last year we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from notional to £300 per year..plus a premium I think of approximately 10k. We have now decided to go ahead but do we now have to renegotiate?
  • We had entered into a purchase of a maisonette in Seaton Sluice. I was advised that the lease had been extended (60 years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The current owner apparently has a quote but no finances to extend as a result the owner wishes to exchange and use the deposit monies to extend the lease. My question is how is possible that the estate agent got it so wrong?
  • I'm living with my mother and father but have a ground floor flat in Seaton Sluice let out which has a 57 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 Seaton Sluice 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 19k. Should I keep or sell the flat?
  • If somebody 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?
  • I have a lease of 78 years remaining on my flat in Seaton Sluice. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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