Top Ten Questions relating to Shoreham By Sea Lease Extensions

  • I am looking to extend the lease on my ground floor flat in Shoreham By Sea which will have 68 years outstanding in June. What fees are applicable?
  • I purchased a studio flat in Shoreham By Sea with a leasehold unexpired of 61 years. I am curious about how much I will need to spend to extend my leasehold
  • The terms for the lease on my apartment in Shoreham By Sea are 99 years from 10 Dec 1980. Can you supply me me a quote for a lease extension if I give you more details please?
  • I am considering acquiring an auction property and came upon a studio flat in Shoreham By Sea. It only has a 50 year lease..the current owner as mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this except for the expensive fee to extend the lease and decreased chance of getting a mortgage with Britannia?
  • My fiance and I have owned a leasehold flat for approximately fifteen years. There are fivety six years remaining on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
  • Coming up to 2 years that I have owned my garden flat in Shoreham By Sea. I have 61 yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 425k. 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 legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Shoreham By Sea. I occupy in the upper flat. I was reviewing the land registry documents yesterday when I noticed that my flat is leasehold. There is seventy seven years balance left. Is it possible to do a lease extension without using a ?
  • I'm looking for some help with regard to extending the lease on my apartment. The plan is to do this next winter as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Can you recommend a good who specialises in lease extensions. Ideally someone in Shoreham By Sea area?
  • I am planning on refinancing my three bedroom second floor purpose built maisonette in Shoreham By Sea and the bank that I am looking to move to requires a minimum 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 78 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
  • I have a lease of seventy two years remaining on my flat in Shoreham By Sea. 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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