Crofton Lease Extensions: Q and A’s

  • Hi, I just randomly found this website. I'm seeking prices on what it cost to extend a lease of a ground floor flat based in Crofton. It's on the market at the moment but has nearon sixety two years unexpired lease on the lease
  • I need to extend my existing lease can you help me with that? I think it has 77 years outstanding
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 years remaining so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any feedback would be much appreciated.
  • I have been in touch with my freeholder to extend my lease for my flat in Crofton. His has been in contact with fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started November 1987.
  • I'm looking for a flat to buy in Crofton and I'm not really familiar with the leasehold tenure. I've found a garden flat I like with a 82 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Should I anticipate any issue with the mortgage?
  • We are looking to extend our lease having owned the property for 2 years as of 22nd April 2015. It has about 64 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.
  • We had entered into a purchase of a one bedroom ground floor purpose built flat in Crofton. I was assured that the lease had been lengthened (fivety seven years remaining prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The owner supposedly has a quote but no finances to extend as a result the current owner wishes to exchange and use the deposit monies to extend the lease. My question is how is possible that the estate agent got it so wrong?
  • I am looking to extend the lease on my ground floor flat in Crofton I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • 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 doing it?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Crofton
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Crofton