Bromley Common Lease Extensions Example Support Desk Enquiries

  • My name´s David. I’m flat hunting in Bromley Common I'm seeing a studio flat online, with approximately 65 years remaining, how much will it likely cost to extend in this location by, say, thirty years?
  • I have shares in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want to extend their leases and I'm curious about the the process
  • My wife has an apartment in Bromley Common which we are about to put on the market. The leasehold has approximately 75 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I want to acquire 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'm deliberating over purchasing a 2 bed flat (leasehold) but the freeholder has been absent for roughly 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to extend lease and apply for RTM?
  • My mortgage lender is requesting several hundred pounds for their solicitors for a "deed of substituted security" for the lease extension for my flat in Bromley Common... I am unable to find any reference of this in my mortgage literature... is this a normal cost that they charge?
  • We are considering buying a garden flat in Bromley Common which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
  • Just been over 2 years that I have owned my garden flat in Bromley Common. I have 72 years outstanding on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Bromley Common. I occupy in the top flat. I was reviewing the land registry documents last night when I noticed that my flat has a lease on it. There is 54 years left. If I want to do a lease extension then would I simply be paying for the solicitors fees?
  • I have a lease of 58 years remaining on my flat in Bromley Common. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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