Worthing Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Worthing
My partner has an apartment located in Worthing which we have just put on the market. The leasehold has nearly 57 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am looking to either purchase the freehold or a lease extension of my property in Worthing and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Coventry Building Society to release of equity. My broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease began in 1979 and since then the ground rent has been raised from £38.00 per annum to £100 per year.
I am about to view a two bedroom flat, although not exactly my dream 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 75 years remaining on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
I am a first time buyer of a leasehold flat in Worthing. The lease has only fivety seven years outstanding and ground rent is £25. Is it possible for the current owner to serve the Notice of Claim and then assign over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 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 current owner? To add to the complexity it’s the case of an missing freeholder, so I am not sure how this will play out.
My leasehold flat in Worthing is up for sale and I have a hopefully firm offer. There is eighty one years remaining on the lease and I want a lease extension. How much will it likely cost to extend in this area by, say,thirty years
I have a leasehold property in Worthing with 76 years left on the lease. I am looking for a solicitors to help me get a lease extension. Can you assist?
We are hoping to buy a flat (a maisonette based inWorthing with share of freehold). Throughout our search, we were always looking at flats that had at least ninety years left. We found a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Today our lawyers informed us the lease only has fivety nine years and therefore requires a lease extension. Should we walk away, or should we reduce our offer?
Are you able to provide an estimate to extend my mum’s lease on a maisonette in Worthing. She already has a price from the landlord for a lease extension but I am not sure it is too high.
I have a lease of sixety one years remaining on my flat in Worthing. 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?