Questions and Answers: Farnham Lease Extensions

  • 20,000 agreed with the freeholder, just seeking to find a Farnham for a lease extension. Our lease has around 71 yearsunexpired lease. How long will this take ?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has seventy seven years unexpired.
  • I purchased a maisonette in Farnham. I am looking to extend lease on the property. It is nearon eighty one years. I would just like to know what your charges are and how long the process takes.
  • We have owned a leasehold flat for around eighteen years. There are 75 years outstanding on the lease. After a year of difficult 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 advice.
  • 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 doing it?
  • Me and my wife are acquiring a one bed flat in Farnham which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of extending the lease. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must hold on until the new lease is registered?
  • My wife and I are aware that others in the same block previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest this course of action?
  • I am planning on refinancing my garden flat in Farnham and the next lender that I am looking to switch to requires at least 85 years remaining on the lease in order for them to progress matters. We currently have around fivety seven years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Farnham
  • We have a maisonette in Farnham with a lease of sixety five years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?

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