Questions and Answers: Botany Bay Lease Extensions

  • My name´s Jason. I’m flat hunting in Botany Bay I'm seeing a garden flat online, with nearly 77 years outstanding, how much does it cost on average to get a lease extension by, say, ninety years?
  • My wife has an apartment based in Botany Bay which we have just put on the market. The leasehold has roughly 62 years remaining on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
  • I want to buy a leasehold property and extend the lease. The seller has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Hello. I need someone to have a look at my lease extension prior to 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 minor changes.
  • I plan on buying a flat located in Botany Bay. My offer is conditional upon a lease extension. The flat owner’s conveyancers 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 Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • We are considering buying a three bed flat in Botany Bay which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • I an interested in finding out more about leasehold property buying. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Botany Bay area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • My husband and I have been in discussion with our freeholder after having a valuation on our ground floor flat in Botany Bay. We have a 78 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he 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 our behalf.
  • Hi I am the freeholder title in a one bedroom flat in Botany Bay. The leaseholder has a fivety seven year lease and would like to purchase another 125 years. She is offering me £21,000 but I am not sure if this is in the right ballpark
  • Just a quick one, how much does it cost for a lease extension on a residential property in Botany Bay for a two bed flat - sec 42 is already served?

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