Sample questions relating to Westgate on Sea Lease Extensions

  • I want to acquire a leasehold property and extend the lease. The seller has been there over 2 years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I bought a garden flat in Westgate on Sea. The lease started in 2001 for 99 years. Now I am wanting to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • I'm looking for a flat to buy in Westgate on Sea and I'm not really familiar with the leasehold arrangement. I've identified a maisonette I like with a 91 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Is this a given?
  • I am about to view a two bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 68 years remaining on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am a first time buyer of a leasehold flat in Westgate on Sea. The lease has only 73 years balance left and ground rent is £25. Is it possible for the seller to serve the Section 42 Notice and then assign over the right to me as the purchaser once I complete the buying process 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 legal but will it be very time costly to the homeowner? Unfortunately it’s the case of an absent landlord, so I am not sure how does it work.
  • I am looking at bidding for an auction property and identified a one bed flat in Westgate on Sea. It only has a 49 year lease..the seller as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this except for the costly fee to put a new lease on it and decreased chance of getting a mortgage with Leeds Building Society?
  • We have a GFF located in Westgate on Sea. There is 80 years remaining on the lease and we want to extend the lease. What will it likely cost to extend in this area by, say,35 years
  • We are proceeding with buying a one bed flat in Westgate on Sea. I was advised that the lease had been extended (seventy three years left prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The homeowner apparently has a quote but no money to extend and consequently the owner wants to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • I own the freehold to two flats. Someone has the lease on the lower flat in Westgate on Sea. I occupy in the upper flat. I was looking at the land registry documents yesterday when I noticed that my flat is leasehold. There is 60 years remaining. If I want a lease extension then would I simply be paying for the costs?
  • I'm looking for some help concerning extending the lease on my maisonette. I'll be looking to do this next summer as we must move 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 LVT route. Can you recommend a good with expertise in lease extensions. Preferably based in Westgate on Sea?

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