Frequently asked questions relating to Croydon Lease Extensions

  • I own a leasehold flat in the Croydon area and was curious whether I could obtain a lease extension. What are your processes and fees. Has 60 years unexpired
  • I need to extend my current lease can you help me with that? I think it has sixety nine years left
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 77 years balance left.
  • We have seen a house for sale for £215k 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 required. 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 suggestions would be much appreciated.
  • I own a maisonnette together with the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I am a FTB of a leasehold flat in Croydon. The lease has only fivety eight years residual lease term and ground rent is £75. Is it possible for the homeowner to serve the Initial Notice and then transfer this right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the current owner? Unfortunately the freeholder is absent, so I am not sure how does it work.
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy nine years. I need a at my end. Can you advise please? I live near Croydon and have a mortgage with Alliance & Leicester .
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the total cost including value added tax and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my garden flat in Croydon
  • We are concerned about seeking a lease extension from an objectionable landlord. Even though the legal procedures were adhered to under the 1993 Act, the landlord still tried to get ground rent of £250 increasing by 100% every 25 years of the new term. Can you help?

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