Recently asked questions relating to Avery Hill Lease Extensions

  • Hello, I just randomly found your website. I'm looking for prices on what a lease extension will cost for a ground floor flat based in Avery Hill. It's on sale at the moment but has approximately 60 years of unexpired leasehold
  • My partner has a flat based in Avery Hill which we are about to put on the market. The leasehold has nearly sixety seven years balance left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.
  • I'm looking for a flat to buy in Avery Hill and I'm not really familiar with the leasehold arrangement. I've identified a 2 bed flat I like with a 91 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Lloyds TSB Bank?
  • I will soon view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy three years balance left on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • My mortgage lender is requesting several hundred pounds for their conveyancers for a "deed of substituted security" for the lease extension for my flat in Avery Hill... I am unable to find any mention of this in my mortgage booklet... is this a normal cost that they charge?
  • Regarding a property in Avery Hill. GFF maisonette. 72 yrs left. I have negotiated a lease extension price of £12,000 for 115yrs. Landlord also requested Section 42 Notice which I think should not be required. Advice required.
  • I am looking to extend the lease on my garden flat in Avery Hill I am looking for a local company to calculate the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Avery Hill for a three bed flat - section 42 having been issued?
  • Are you able to provide an estimate to extend my mum’s lease on a one bedroom apartment in Avery Hill. She recently got a price from the landlord for a lease extension but I am far from certain if it is reasonable.
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    Lease Extensions in Avery Hill

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