FAQs concerning Selsey Lease Extensions

  • So this is the scenario: I bought a maisonette in Selsey that I am finding difficult to sell as a result of the lease needing a lease extension. How long will it take ?
  • I am fairly sure that our solicitors has advised us incorrectly concerning a lease extension and I want to find out how to go about making a formal complaint
  • I am looking for a solicitors in Selsey and they should be on the Godiva Mortgages Ltd approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend any please ?
  • We inherited a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Selsey and are therefore thinking about the option of a vesting order. Is this something you can help us with?
  • I am looking to either purchase the freehold or a lease extension of my property in Selsey and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Clydesdale to release of equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1991 and since then the ground rent has been raised from £15.00 per annum to £200 per annum.
  • My apartment in Selsey is up for sale and I have a hopefully firm offer. There is 82 years remaining on the lease and I want to extend the lease. How much does it cost on average to extend in this area by, say,ninety years
  • Me and my OH are proceeding with a purchase of a three bedroom ground floor purpose built flat in Selsey. I was told that the lease had been extended (seventy four years remaining 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 seller supposedly has a quote but no money to extend and consequently the homeowner wishes to exchange and use the 10% deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • Just been over two years that I have owned my maisonette in Selsey. I have sixety six yrs unexpired lease on the lease. I am now looking either to purchase a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my lawyers 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 the tribunal etc)?
  • My partner and I have been in discussion with our freeholder after having a valuation on our maisonette in Selsey. We have a 63 year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • My wife and I are aware that others in the same block previously had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
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    Lease Extensions in Selsey

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