Lease Extensions in Bromley

Questions and Answers: Bromley Lease Extensions

I am interested in getting a lease extension for a flat in Bromley and want to use a local conveyancing practitioners. Are you able to help me find a solicitors?

I'm wanting to make an offer on a house in Bromley 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 Aldermore giving us the mortgage now?

I want to purchase a leasehold property and lease extension. The homeowner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I have a lease of seventy five years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I need to talk to you about a flat in Bromley, I am thinking of bidding at auction next month. The flat only has a few years remaining and I was wondering about what it would cost to get a lease extension and for your services.

I am a FTB of a leasehold flat in Bromley. The lease has just sixety years unexpired and ground rent is £50. Is it possible for the flat owner to serve the Initial Notice and then transfer over the right to me as the buyer on the day of completion so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the flat owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how this will play out.

I have a share of the freehold. There are five apartments in the house. All the leaseholders are now requiring lease extensions. Are you willing to help us with this situation?

Me and my wife are considering purchasing a garden flat in Bromley which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?

If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

We currently own a garden flat in Bromley and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy two years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Bromley