Top Ten Questions relating to Borough Green Lease Extensions

  • Hi, I stumbled across your site. I'm looking for prices on what a lease extension will cost for a garden flat based in Borough Green. It's up for sale at the moment but has about sixety seven years of unexpired leasehold
  • I'm about to make an offer on a house in Borough Green but I'm concerned 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 Nottingham Building Society giving us the mortgage now?
  • Hello. I need someone to have a look at my lease extension ahead of it being completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • What will it cost me and what is the best way to get a lease extension started? I have nearly seventy two years unexpired lease on my lease on a garden flat in Borough Green. I have called the agent who represent the freeholder and they gave me the number of the valuer. I left a phone message for the surveyor but I am not receiving any calls back.
  • I intend to buy a one bed flat in Borough Green for asking price of 156k, which has seventy six 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 a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am hoping to extend the lease on my ground floor flat in Borough Green I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • My OH and I have been in discussion with our freeholder after having a valuation on our three bed flat in Borough Green. We have a seventy nine year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • We are hoping to buy a home (a garden flat inBorough Green with share of freehold). During our search, we were always looking at apartments that had at least 83 years left. We came across a apartment we liked and the selling agent promised us that the lease was long albeit not specifying a number. This morning our property lawyers informed us the lease only has 60 years and thus needs a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • My mother is worried about obtaining a lease extension from an objectionable freeholder. Notwithstanding that the legal procedures were followed under the appropriate legislation, the freeholder still tried to get ground rent of £250 increasing by 100% every 25 years of the new term. Can you assist?
  • I have seventy five years remaining on my lease of a ground floor flat in Borough Green, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Borough Green

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