FAQs concerning Eltham Lease Extensions

  • So this is the scenario: I inherited a one bedroom apartment in Eltham that I am now unable to sell due to the lease requiring a lease extension. How long will it take ?
  • I am the owner of a maisonnette and the freehold. The owners of the downstairs flat have asked for a lease extension what do I need to do?
  • I bought a garden flat in Eltham. I am looking to extend lease on the property. It is nearly 80 years. I would just like to know what your charges are and how long it would take for completion.
  • I am looking to either purchase the freehold or a lease extension of my property in Eltham and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Alliance & Leicester to release of equity. My broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £38.00 per year to £300 per year.
  • In 2010 I purchased a leasehold flat in Eltham. I have built a large extension and have not informed the freeholder. What should I do?
  • I'm looking for an apartment to buy in Eltham and I'm not really familiar with the leasehold arrangement. I've identified a studio flat I like with a 91 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Yorkshire Building Society?
  • My husband and I have a first floor flat in Eltham with sixety years unexpired. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from nominal to £200 per year..plus a premium I think of about 10k. We have now decided to go ahead but do we now have to renegotiate?
  • I require an estimate to extend my mum’s lease on a three bed flat in Eltham. She already has a figure from the landlord for a lease extension but I am not sure it is reasonable.
  • 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?
  • Do you handle lease extensions on land? (a plot of land in Eltham with 82yrs remaining)
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    Lease Extensions in Eltham

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