Lease Extensions in Cranleigh

Top Ten Questions relating to Cranleigh Lease Extensions

My OH agreed with the landlord to a lease extension on our flat based in Cranleigh, 10.5k for another 90yrs. Can you please assist us with this situation ?

20,000 agreed with the landlord’s agents, just attempting to find a Cranleigh for a lease extension. Our flat has just under seventy seven yearsremaining. How long will this take ?

I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm wondering about the procedure for this

I plan on buying a flat in Cranleigh. The offer is subject to the lease extension. The owner’s has served the Notice of Claim. 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 Barclays Direct. Moreover, which are the following lease extension steps to complete the purchase?

I'm deliberating over buying a maisonette (leasehold) but the landlord has been absent for just over 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to get a lease extension and apply for right to manage?

I am a freeholder of a block of flats in Cranleigh, and the lessees are in the process of being issued lease extensions. I anticipate receiving funds next week. As I am not on self assessment do I write to the Inland Revenue ?

We have a leasehold flat in Cranleigh with 74 years to run. Ten months ago we were quoted a deal to receive a lease extension for a further thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 10k. We have now decided to go ahead but do we now have to start the negotiations again?

Just been over two years that I have owned my one bedroom apartment in Cranleigh. I have 78 years unexpired lease on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?

My friend is concerned about obtaining a lease extension from an objectionable freeholder. Regardless of the fact that the legal procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £250 doubling every twenty years of the new term. Can you assist?

I require an estimate to extend my aunt’s lease on a garden flat in Cranleigh. She already has a price from the freeholder for a lease extension but I am unclear whether it is reasonable.

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