Lease Extensions in Swanage

Recently asked questions relating to Swanage Lease Extensions

I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in Swanage - I wanted to see if with your services it is possible for this to be extended?

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 74 years unexpired.

I have been in touch with my freeholder to extend my lease for my flat in Swanage. His has been in contact concerning charges etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started May 1987.

Think I may have made an error, I am actually looking for a in Swanage who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?

I am about to view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy eight years outstanding on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

Offer accepted on a a three bedroom first floor purpose built maisonette in Swanage, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged in a couple of days. My question is why has this only just come to my attention by my ?

I am looking to buy a one bed flat in Swanage for asking price of 156k, which has seventy years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

My dad has a share of freehold, with two other leaseholders in a building in Swanage. House split into three flats. He has a lease, which has just under fivety four years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?

If a leaseholder owns a flat with a lease of less than 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 buying an apartment in Swanage at a price of £256,000 the flat has something like seventy three years unexpired on the lease. My offer was subject to the lease being renewed... .. that was back in June, expecting I'd be in before Christmas. They have just informed me they'll knock £4k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea

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