Banstead Lease Extensions: Q and A’s

  • My name´s Charlie. I’m property hunting in Banstead I'm considering offering on a one bedroom apartment online, with about 79 years unexpired lease, how much will it likely cost to extend in this area by, say, 35 years?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 72 years outstanding.
  • Do you only advise on lease extensions in Banstead? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a conveyancers.
  • I own a one bedroom apartment in Banstead. I am looking to extend lease on the property. It is around 80 years. I would just like to know what your charges are and how long it would take for completion.
  • I'm looking for an apartment to buy in Banstead and I'm not really familiar with the leasehold title. I've identified a three 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 be looking for some conditions that would prevent me for getting a lease extension?
  • I will soon view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 75 years balance left on the lease. It is also a repo so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am a first time buyer of a leasehold flat in Banstead. The lease has just 66 years left and ground rent is £75. Is it possible for the owner to serve the Section 42 Notice and then transfer this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the owner? Unfortunately the landlord is absent, so I am not sure how this will play out.
  • My leasehold flat in Banstead is up for sale and I have a hopefully firm offer. There is 82 years to run on the lease and I want a lease extension. What does it cost on average to extend in this area by, say,35 years
  • I do not need a lease extension but I do need a vesting order on a property I want to buy in Banstead. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the garden area.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my 2 bed flat in Banstead
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    Lease Extensions in Banstead

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