Lease Extensions in Southbourne

Common questions relating to Southbourne Lease Extensions

I’m about to offer on a ground floor flat to buy in the Southbourne area and was enquiring how much would it cost to extend a lease? It has fivety five years outstanding...

I am going to purchase a flat based in Southbourne. The offer is conditional upon a lease extension. The current owner’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?

Possibly made a mistake, I am actually looking for a in Southbourne who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?

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

I would like some guidance on purchasing a leasehold residence. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Southbourne area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?

My father has a share of freehold, with two other leaseholders in a building in Southbourne. House divided into three apartments. He has a lease, which has nearon 70 years left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

We have owned a leasehold flat for approximately fifteen years. It now has 61 years outstanding on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate advice.

It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Southbourne

My and my partner know that others in the same block had already had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?

I have a lease of 75 years remaining on my flat in Southbourne. 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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