Steyning Lease Extensions: Q and A’s

  • I need to extend my current lease can you help me with that? I think it has seventy two years left
  • I'm deliberating over buying a garden flat (leasehold) but the freeholder has been absent for about 15yrs. I wonder whether it will be less expensive to try to buy the freehold or to get a lease extension and apply for RTM?
  • Think I may have made an error, I am searching for a lawyers in Steyning who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can assist me with?
  • I am a FTB of a leasehold flat in Steyning. The lease has only 69 years unexpired and ground rent is £25. Is it possible for the owner to serve the Notice of Claim and then transfer over the right to me as the buyer on the day of completion so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the owner? Unfortunately the freeholder is absent, so I am not sure how does it work.
  • I am looking at buying an auction property and identified a one bed flat in Steyning. It has just fifty-one year lease..the seller as mortgagees in possession will not want to mess around with 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 Accord Mortgages Ltd?
  • I am in need of a lease extension for my flat in Steyning and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • Just been over 2 years that I have owned my maisonette in Steyning. I have seventy eight years left on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to buy in Steyning. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1895. Its the rear garden.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Steyning
  • I have a lease of seventy three years remaining on my flat in Steyning. 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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    Lease Extensions in Steyning

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