Top Ten Questions relating to Bookham Lease Extensions

  • I have just purchased a maisonette based inBookham and I'm deliberating extending the lease as soon as I can e.g. after 24 months of ownership
  • We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 899 years left so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any feedback would be much appreciated.
  • I am the registered owner of a ground floor flat in Bookham. I am looking for a lease extension on the property. It is approximately eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • I have a leasehold flat in Bookham. I have built a huge extension and have not informed my leaseholder. What are my options?
  • I am considering acquiring an auction property and came upon a one bed flat in Bookham. It only has a 48 year lease..the vendor being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Barnsley Building Society?
  • My fiance and I are buying a one bedroom apartment in Bookham which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of extending the lease. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our solicitors to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must wait pending registration of the new lease?
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Bookham for a two bed flat - sec 42 having been issued?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Bookham. I live in the top flat. I was looking at the title deeds yesterday when I noticed that my flat has a lease on it. There is fivety eight years balance left. If I want a lease extension then would I just be paying for the solicitors charges?
  • I am currently in the process of refinancing my 2 bed flat in Bookham and the mortgage company that I am looking to switch to needs at least 80 years remaining on the lease in order for them to progress matters. I have found that I currently have around 58 years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • I have a lease of 63 years remaining on my flat in Bookham. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Bookham

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