Sheerness Lease Extensions

Recently asked questions relating to Sheerness Lease Extensions

I’m just looking for a 2 bed apartment to buy in the Sheerness area and was interested in finding out what the likely fees would be to extend a lease? It has sixety six years as a balance left...

I am looking to extend the lease on my three bed apartment in Sheerness which will have 77 years left in January. What fees do you charge for this?

We invested in buying a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Sheerness and are therefore deliberating the option of a vesting order. Is this something you can handle for us?

We are proceeding with buying a three bedroom second floor purpose built flat in Sheerness. I was assured that the lease had been lengthened (seventy eight years outstanding prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The seller apparently has a quote but no money to extend as a result the seller wants to exchange and use the deposit monies for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I commence the process, is this correct?

I intend to buy a one bed flat in Sheerness for asking price of 156k, which has 69 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

If a leaseholder owns a flat with a lease of less than 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 extending the lease?

I have a leasehold property in Sheerness with seventy years left on the lease. I need a to act for me to get a lease extension. Can you assist?

We currently own a garden flat in Sheerness 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 70 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. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?

I am currently negotiating a lease extension for my flat in Sheerness as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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