Fulham Lease Extensions: Q and A’s

  • Me and my wife have just acquired a garden flat located inFulham and I'm thinking about extending the lease as soon as possible e.g. in 24 months of ownership
  • I’m just looking for a one bedroom apartment to buy in the Fulham area and was wondering how much would it cost for a lease extension? It has sixety nine years residual lease term...
  • Hello. I need a to review my lease extension prior to it being formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor variations.
  • I plan on buying a flat located in Fulham. My offer is conditional upon a lease extension. The current owner’s has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Aldermore. Moreover, which are the following lease extension steps to complete the purchase?
  • Possibly made a mistake, I am searching for a in Fulham who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can assist me with?
  • I am about to view a one bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has sixety years outstanding on the lease. It is also a repo so I'm assuming that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I am concerned that my niece is being hoodwinked. She put in an offer on a ground floor flat in Fulham, where the lease is nearon 66 years but she was advised by the estate agents that the seller had extended it to 125 years. Only now has she been told the owner was waiting for her to instruct solicitors ahead of instigating the lease extension. Seems unscrupulous, also it may take months to sort it all out. Am I being too sceptical?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 59 years. I need a at my end. Can you advise please? I live near Fulham and have a mortgage with Norwich and Peterborough Building Society.
  • Just been over 2 years that I have been in my studio flat in Fulham. I have 70 years left on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
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