Bookham Lease Extensions: Q and A’s

  • I agreed with the head landlord to a lease extension on our flat in Bookham, 7.5k for an additional 90yrs. Can you please assist us with this situation ?
  • My fiance and I have just purchased a ground floor flat based inBookham and I'm thinking about extending the lease as soon as possible e.g. in 24 months of ownership
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Bookham, and my lease will reach fivety seven years this November. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I plan on buying a flat based in Bookham. My offer is subject to the lease extension. The seller’s has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?
  • I own a leasehold flat in Bookham. I have built a huge extension and have not informed my freeholder. What are my options?
  • My partner and I have a ground floor flat in Bookham with sixety two years unexpired. Last year we were quoted a deal to grant a lease extension for another 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of about 9k. We have now decided to proceed but do we now have to renegotiate?
  • My partner and I have a one bedroom flat based in Bookham. There is 80 years unexpired on the lease and we want to extend the lease. How much will it likely cost to get a lease extension by, say,45 years
  • I am looking to buy a one bed flat in Bookham for asking price of 125k, which has seventy eight 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 landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I would like some help on leasehold property buying. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Bookham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • We have owned a leasehold flat for about fifteen years. It now has seventy years unexpired lease on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.

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