Common questions relating to Dorking Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leasehold owners want a lease extension and I'm curious about the the process
  • I acquired a property in Dorking and it has just under 66 years balance left. I'd like to extend the lease period
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 899 years left 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 true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any information would be much appreciated.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I bought a maisonette in Dorking. The lease commenced in 2001 for 99 years. Now I am looking to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • My property lawyers (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?
  • We have owned a leasehold flat for around twenty years. It now has seventy one years unexpired lease on the lease. Following a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my one bedroom apartment in Dorking
  • I require an estimate to extend my aunt’s lease on a garden flat in Dorking. She recently got a price from the landlord for a lease extension but I am far from certain if it is reasonable.
  • I am planning on remortgaging my one bedroom apartment in Dorking and the mortgage company that I am looking to move to needs at least 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around seventy six years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
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    Lease Extensions in Dorking

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