Sample questions relating to Epsom Lease Extensions

  • Me and my wife are seeking a lease extension for our garden flat located in Epsom and we don't fully understand the letter that we received from our freehold company. How long will it take?
  • I’m about to offer on a garden flat to purchase in the Epsom area and was enquiring what the likely fees would be to extend a lease? It has 63 years outstanding...
  • I am looking for a lease extension on the lease on my garden flat in Epsom which will have 62 years unexpired lease in August. What fees apply?
  • I want to acquire a leasehold property and lease extension. The current owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I bought a 2 bed flat in Epsom. The start date for the lease was in 2001 for 99 years. Now I am wanting to extend the lease. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • Ref a property in Epsom. lower maisonette. seventy four yrs unexpired. I have an agreed lease extension to £12,000 for 115yrs. Landlord also insisted on Notice of Claim which I think should not be required. Advice required.
  • I have a share of the freehold. There are four apartments in the building. All the leaseholders are now looking for lease extensions. How long will take to get a lease extension?
  • I'm living with my parents but have a garden flat in Epsom let out which has a sixety year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Epsom for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • Coming up to 2 years that I have been in my two bedroom ground floor purpose built maisonette in Epsom. I have 75 yrs left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • I have a lease of 65 years remaining on my flat in Epsom. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Epsom

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