Top Ten Questions relating to Carshalton Lease Extensions

  • I have just purchased a one bed apartment based inCarshalton and I'm deliberating a lease extension as soon as I can e.g. in a couple of years
  • I bought a ground floor flat in Carshalton that I now cannot sell due to the lease needing a lease extension. Are you willing to help me with this situation ?
  • I inherited a property in Carshalton and it has nearon sixety six years outstanding. I'd like to arrange a lease extension by twenty years
  • I am going to purchase a flat in Carshalton. My offer is conditional upon a lease extension. The seller’s property lawyers has given to the freeholder 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 Leeds Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my flat in Carshalton are 99 years from 1 Feb 1988. Can you supply me me a quote to extend the lease if I give you more information please?
  • Are you able to advise on how much it would financials and the optimum way to get a lease extension started? I have circa seventy years outstanding and I own a three bed flat in Carshalton.
  • I am a freeholder of a block of flats in Carshalton, and the lessees are in the process of being issued lease extensions. I anticipate receiving funds within a month or so. How does the tax work, the property is in joint names with my partner ?
  • I am the freeholder of a Georgian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 75 years. What are my next steps?
  • 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 doing it?
  • I have a lease of seventy eight years remaining on my flat in Carshalton. 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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    Lease Extensions in Carshalton

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