Questions and Answers: Caterham Lease Extensions

  • I am looking for a in Caterham and they should be on the Coventry Building Society approved conveyancers panel as we need a lease extension and remortgage simultaneously. Are you able to recommend any please ?
  • Hi. I need a to review my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
  • I bought a studio flat in Caterham. The lease started in 1991 for 99 years. Now I am looking for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • Think I may have made an error, I am seeking a in Caterham who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • We have a residential flat in Caterham with 75 years left. Last year we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of approximately 9k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • If a leaseholder owns a flat with a lease of under 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?
  • Me and my partner are acquiring a one bedroom apartment in Caterham which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced extending the lease. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do OS1 search on the property title. The problem 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 hold on until the lease extension has actually been registered before completing.?
  • I am currently in the process of refinancing my garden flat in Caterham and the bank that I am looking to switch to requires a minimum 85 years remaining on the lease in order for them to progress matters. I have found that I currently have around 58 years on the leasehold so require some advice, guidance, and some quotes to set the wheels in motion for a lease extension
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Caterham

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