Top Ten Questions relating to Southampton Lease Extensions

  • I just completed on a property in Southampton and it has around sixety two years left. I'd like to extend the lease period
  • I am looking to extend the lease on my two bedroom ground floor purpose built maisonette in Southampton which will have 55 years remaining in August. What fees apply?
  • I need to talk to you about an apartment in Southampton, I am thinking of bidding at auction in the next few days. The flat only has a few years outstanding and I am curious about how much it would cost to get a lease extension and for your services.
  • Regarding a leasehold in Southampton. GFF maisonette. sixety eight yrs unexpired. I have negotiated a lease extension price of £20k for 135yrs. Landlord also insisted on Section 42 Notice which I think is a bit over the top. Can you assist.
  • My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • We would like to know the cost of a lease extension valuation for a property based in Southampton. Would you be able to help?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to acquire in Southampton. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.
  • 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'm intent on purchasing a flat in Southampton valued at £195,000 the flat has just under 59 years left on the lease. My offer was conditional upon the lease being renewed... .. that was back in November, expecting I'd have completed by now. They have just come back saying they'll knock £5k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I require an estimate to extend my mum’s lease on a three bedroom ground floor purpose built maisonette in Southampton. She recently got a figure from the freeholder for a lease extension but I am unclear whether it is reasonable.
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    Lease Extensions in Southampton

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