FAQs concerning Southbourne Lease Extensions

  • I purchased a maisonette in Southbourne that I am finding difficult to sell as a result of the lease requiring a lease extension. Can you please help me with this situation ?
  • I need to talk to you about a leasehold property in Southbourne, I am thinking of bidding at auction in the next few days. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.
  • Last year I purchased a leasehold apartment in Southbourne. I have built a big extension and have not informed the freeholder. What should I do?
  • We have a GFF located in Southbourne. There is 80 years to run on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,thirty years
  • It says on your website the anticipated fee to extend a lease is £495. Is that the total cost including vat and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my one bedroom apartment in Southbourne
  • My OH and I are in the throws of buying a flat (a studio flat located inSouthbourne with share of freehold). During our search, we were always looking at apartments that had at least ninety years left on the lease. We found a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our conveyancers advised us the lease only has seventy two years and therefore needs a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I am the freeholder of a property in Southbourne where the leaseholder would like a lease extension. Her valuer has provided a figure of £9,000, but has upped this to £10,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
  • I am currently negotiating a lease extension for my flat in Southbourne 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Southbourne
  • I'm looking for some advice with regard to a lease extension on my one bedroom second floor purpose built maisonette in Southbourne. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Southbourne

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