Examples of recent questions relating to Lease Extensions in Eltham

  • I am looking to extend the lease on my three bed conversion flat in Eltham which will have fivety four years remaining in August. What fees apply?
  • The terms for the lease on my flat in Eltham are 95 years from 12 Dec 1988. Can you give me a quote to extend the lease if I give you more details please?
  • I'm looking for a flat to buy in Eltham and I'm not really familiar with the leasehold title. I've identified a place I like with a 87 years lease. My research reveals that I can get a lease extension having owned the property for a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • I will soon view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 55 years outstanding on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I am considering bidding for an auction property and found a studio flat in Eltham. It only has a 49 year lease..the vendor as mortgagees in possession will not want to mess around with applying for a lease extension..what are the disadvantages of this other than the huge fee to extend the lease and reduced chance of obtaining a mortgage with Nationwide Building Society?
  • My wife and I have a first floor flat in Eltham with 72 years to run. Last year we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 9k. Finally we have decided to go ahead but do we now have to renegotiate?
  • I am seeking advice as I am interested in a property that has only a 54 year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • 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?
  • My fiance and I have owned a leasehold flat for approximately eighteen years. There are 65 years unexpired lease on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
  • I am currently negotiating a lease extension for my flat in Eltham as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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