Top Ten Questions relating to West Dean Lease Extensions

  • I need to negotiate a lease extension for a flat in West Dean and want to use a local solicitors. Is there a property lawyers that you can recommend?
  • I'm intending to make an offer on a house in West Dean but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Lloyds TSB Bank giving us the mortgage now?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in West Dean, and my lease will reach sixety five years this May. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • We bought a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in West Dean and looking to do a vesting order. Is this something you can help us with?
  • Offer accepted on a a three bedroom second floor purpose built maisonette in West Dean, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.We are about to exchange contracts within a week. My query is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • 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?
  • My fiance and I are hoping to acquire a flat (a ground floor flat located inWest Dean with share of freehold). During our search, we were always looking at apartments that had a minimum 83 years residual lease term. We came across a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our property lawyers advised us the lease only has sixety four years and thus needs a lease extension. Do we run away, or should we reduce our offer?
  • I am currently in the process of refinancing my garden flat in West Dean and the next lender that I am looking to move to requires a minimum 85 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around sixety two years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • I am currently negotiating a lease extension for my flat in West Dean 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 have a lease of fivety seven years remaining on my flat in West Dean. 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 West Dean

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