FAQs concerning East and West Horsley Lease Extensions

  • We agreed with the landlord for a lease extension on our flat in East and West Horsley, 12.5k for another 90yrs. Are you willing to guide us with this situation ?
  • I am a freeholder of a block of flats in East and West Horsley, and the leaseholders are in the process of being issued lease extensions. I should hopefully get the money next week. As I am not on self assessment do I write to the tax man ?
  • Ref a property in East and West Horsley. upper maisonette. 59 yrs left. I have an agreed lease extension to £12,000 for 125yrs. Landlord also insisted on Initial Notice which I think should not be required. Can you assist.
  • We have a residential flat in East and West Horsley with seventy three years to run. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from notional to £300 per annum..plus a premium I think of about 16k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • We would like to extend our lease having owned the flat for 2 years as of 21st Feb 2016. It has roughly 61 years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as possible.
  • I am looking to buy a one bed flat in East and West Horsley for asking price of 125k, which has 77 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My 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?
  • I would like some help on purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in East and West Horsley area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • My nephew has a share of freehold, with two other leaseholders in a building in East and West Horsley. House converted into three flats. He has a lease, which has slightly more than 61 yrs left. How much would it cost for a lease extension and how many years would he need to extend by?
  • Me and my sister are acquiring a one bedroom apartment in East and West Horsley which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our conveyancers to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we must hold on until the lease extension has actually been registered before completing.?
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    Lease Extensions in East and West Horsley

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