FAQs concerning Epsom Lease Extensions

  • I’m seeking a lease extension for our apartment located in Epsom and we don't fully understand the communication that we received from our landlord company. What's your solicitors fee?
  • My name´s Jake. I’m flat hunting in Epsom I'm seeing a one bedroom apartment online, with nearly 61 years outstanding, how much will it likely cost to get a lease extension by, say, fifty years?
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 899 years outstanding so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
  • We are selling our three bed flat in Epsom but we may need to extend the lease, or at least cover the costs of our purchaser. Can you recommend a conveyancers to assist?
  • My apartment in Epsom is up for sale and I have a hopefully firm offer. There is 79 years remaining on the lease and I want to extend the lease. How much does it cost on average to get a lease extension by, say,fifty years
  • We are considering purchasing a maisonette in Epsom which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I have a freehold of a 2 bedroom flat in Epsom. The leaseholders have fivety seven years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • My partner and I are in the throws of buying a home (a garden flat based inEpsom with share of freehold). During our search, we were always looking at flats that had at least ninety years remaining. We found a place we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Today our property lawyers informed us the lease only has 64 years and therefore requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • We currently own a one bedroom apartment in Epsom and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy seven years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • Other Topics

    Lease Extensions in Epsom

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Epsom