Frequently asked questions relating to Alton Lease Extensions

  • My partner has a flat based in Alton which we are about to put on the market. The leasehold has just over fivety eight years residual lease term 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.
  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has 54 years balance left
  • I'm wanting to make an offer on a house in Alton 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 Britannia giving us the mortgage now?
  • Do you only advise on lease extensions in Alton? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .
  • Hi. I need someone to have a look at my lease extension ahead of it being signed just to ensure there's nothing that I haven't seen - it's just a reissue with a few small changes.
  • I'm looking for a flat to purchase in Alton and I'm not really familiar with the leasehold arrangement. I've found a garden flat I like with a 90 years lease. I've read that I can get a lease extension after a couple of years, but:- Is this a given?
  • My mortgage provider requires several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Alton... I am unable to find any mention of this in my mortgage contract... is this a normal charge?
  • I am a freeholder of a block of flats in Alton, and the tenants are in the process of being given lease extensions. I anticipate receiving the money next week. As I am not on self assessment do I write to the Inland Revenue ?
  • I am looking to buy a one bed flat in Alton for asking price of 125k, which has 68 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • Me and my husband are purchasing a garden flat in Alton which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced dealing with a lease extension. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do OS1 search on the lease. The concern 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 is not known. Is it right that we have to hold on until the lease extension has actually been registered before completing.?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Alton