Lease Extensions in Worthing

FAQs concerning Worthing Lease Extensions

I'm wanting to make an offer on a house in Worthing but I'm concerned 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 Barclays Direct giving us the mortgage now?

I want to acquire a leasehold property and lease extension. The flat owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 77 years outstanding.

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?

My co-lessees and I are in a block consisting of three flats in Worthing and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

What will it cost me and what is the best way to start the lease extension process? I have approximately seventy nine years left on my lease on a maisonette in Worthing. I have contacted the agent who represent the landlord and they provided me with the number of the surveyor. I left a phone message for the surveyor but I am not receiving any kind of response.

We have a leasehold flat in Worthing with sixety six years unexpired. Last year we were quoted a deal to grant a lease extension for another fifty years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 10k. Finally we have decided to move forward but do we now have to start the negotiations again?

I am the freeholder of a 1930’s property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy one years. What are my next steps?

My OH and I have been in discussion with our freeholder after having a valuation on our three bedroom ground floor purpose built flat in Worthing. We have a sixety year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.

Me and my fiance are purchasing a garden flat in Worthing which has share of freehold and a leasehold. The lease was on the short side so the owner commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we must be patient until the new lease is registered?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Worthing