Botany Bay Lease Extensions

Top Ten Questions relating to Botany Bay Lease Extensions

My name´s Muhammad. I’m house hunting in Botany Bay I'm seeing a two bedroom ground floor purpose built maisonette online, with about 65 years outstanding, how much will it likely cost to extend in this area by, say, twenty years?

I own a maisonnette together with the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?

I am a freeholder of a block of flats in Botany Bay, and the tenants are in the process of being granted lease extensions. I anticipate receiving funds next week. How does the tax work, the property is in joint names with my husband ?

We wish to extend our lease. We will have been in the flat for 2 years as of 21st March 2015. It has roughly sixety five years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.

Offer accepted on a a two bedroom second floor purpose built flat in Botany Bay, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are soon to exchange contracts within a week. My query is Is it not odd that my failed to spot this far earlier than just before exchange?

I intend to buy a one bed flat in Botany Bay for asking price of 156k, which has seventy one years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

I am looking for advice as I am interested in a property that has only a 58 year lease and therefore requires a lease extension. Can I call someone to go through my options please?

I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the total cost including vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my two bedroom first floor purpose built maisonette in Botany Bay

Me and my fiance are buying a two bedroom second floor purpose built maisonette in Botany Bay which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced extending the lease. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must be patient pending registration of the new lease?

I have sixety three years remaining on my lease of a ground floor flat in Botany Bay, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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