Frequently asked questions relating to Epsom Lease Extensions

  • 20,000 agreed with the landlord, just attempting to find a Epsom solicitors for a lease extension. Our lease has nearly 66 yrsunexpired lease. How long will this take ?
  • I am looking for a lease extension on the lease on my ground floor flat in Epsom which will have fivety four years remaining in June. What fees are applicable?
  • I am looking to buy a three bedroom ground floor purpose built flat in Epsom with a lease of sixety nine years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am looking into the costs of carrying out a lease extension for my 2 bed flat in Epsom, and would like some figures on that.
  • My partner and I have a first floor flat in Epsom with fivety six years unexpired. Ten months ago we were quoted a deal to grant a lease extension for another fifty years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of about 14k. We have now decided to move forward but do we now have to renegotiate?
  • Offer accepted on a a maisonette in Epsom, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.We are about to exchange contracts within a week. My query is why has this only just come to my attention by my conveyancers?
  • I'm living with my mum and dad but have a garden flat in Epsom let out which has a seventy seven 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 13k. Not sure sure whether to hold on or sell the flat?
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Epsom. We have a 61 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I require an estimate to extend my mother’s lease on a garden flat in Epsom. She recently got a figure from the freeholder for a lease extension but I am far from certain if it is too high.
  • I am currently negotiating a lease extension for my flat in Epsom 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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    Lease Extensions in Epsom

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