Top Ten Questions relating to Coombe Warren Lease Extensions

  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Coombe Warren, and my lease will reach sixety nine years this October. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I have been in touch with my freeholder to extend my lease for my flat in Coombe Warren. Her has been in contact regarding charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started December 1987.
  • I am a landlord of a block of flats in Coombe Warren, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds next week. Are there any tax implications, the property is in joint names with my wife ?
  • I am looking at acquiring an auction property and identified a one bed flat in Coombe Warren. It has just 49 year lease..the vendor being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Leeds Building Society?
  • Me and my husband are considering buying a three bedroom second floor purpose built maisonette in Coombe Warren 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?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I commence the process, is this correct?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety eight years. I need a at my end. Can you advise please? I live near Coombe Warren and have a mortgage with Virgin Money.
  • We would like to know the cost of a lease extension valuation for a property based in Coombe Warren. Would you be able to help?
  • If somebody 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 extending the lease?
  • I have 61 years remaining on my lease of a ground floor flat in Coombe Warren, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

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