Lease Extensions in Selsey

Questions and Answers: Selsey Lease Extensions

I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm enquiring about the procedure for this

I would like to have my residential flat leasehold extension premium valued. The flat is in Selsey, and my lease will reach sixety eight years this July. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?

I am looking into the costs of carrying out a lease extension for my one bed flat in Selsey, and would like some figures on that.

I wondered if you could help me on the likely charges and the optimum way to get a lease extension started? I have nearly seventy three years remaining and I own a one bedroom apartment in Selsey.

I am a landlord of a block of flats in Selsey, and the tenants are in the process of being given lease extensions. I anticipate receiving funds within a month or so. How does the tax work, the property is in joint names with my wife ?

My husband and I have a ground floor flat in Selsey with seventy years to run. Last year we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 14k. Finally we have decided to go ahead but do we now have to renegotiate?

I am hoping to extend the lease on my studio flat in Selsey I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.

Coming up to 2 years that I have owned my 2 bed flat in Selsey. I have fivety four yrs left on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 445k. 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: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?

Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Selsey for a two bed flat - section 42 is already served?

I am planning on refinancing my one bed flat in Selsey and the bank that I am looking to switch to requires a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 63 years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Selsey