Addington Lease Extensions

Recently asked questions relating to Addington Lease Extensions

I'm intending to make an offer on a house in Addington 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 Nationwide Building Society giving us the mortgage now?

Hi. I need a conveyancers to have a look at my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.

The terms for the lease on my flat in Addington are 95 years from 1 Jan 1988. Can you give me a quote for a lease extension if I give you more specifics please?

I am deliberating whether to purchase the freehold or a lease extension of my property in Addington and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Barclays to free up equity. The adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease started in 1979 and since then the ground rent has been raised from £38.00 per annum to £200 per annum.

Offer accepted on a a ground floor flat in Addington, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as 85 years.We are soon to exchange contracts within a week. My question is Is it not odd that my lawyers failed to spot this far earlier than just before exchange?

I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Addington. I would be grateful if you can give me a call when you get a chance to discuss the case.

Me and my wife have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Addington. We have a 75 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she 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 conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

I am planning on refinancing my garden flat in Addington and the new lender that I am looking to switch to needs a minimum 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around sixety three years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process

I am currently negotiating a lease extension for my flat in Addington 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?

We have a garden flat in Addington with a lease of sixety seven years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?

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