Frequently asked questions relating to Furzedown Lease Extensions

  • 20,000 agreed with the landlord’s agents, just seeking to find a Furzedown conveyancers for a lease extension. Our flat has slightly less 66 yearsleft. How long will this take ?
  • Do you only advise on lease extensions in Furzedown? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a property lawyers.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Furzedown, and my lease will reach 62 years this October. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I'm considering buying a garden flat (leasehold) but the landlord has been missing for slightly more than 15yrs. I wonder whether it will be less expensive to try to buy the freehold or to get a lease extension and apply for right to manage?
  • Is it possible to talk with you about an apartment in Furzedown, I am considering bidding at auction next month. The flat only has a few years unexpired lease and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I am looking at purchasing an auction property and found a studio flat in Furzedown. It has just 41 year lease..the current owner being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and decreased chance of obtaining a mortgage with Barnsley Building Society?
  • 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 commence the process, is this correct?
  • I intend to buy a one bed flat in Furzedown for asking price of 145k, which has 61 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I'm living at mum and dad but have a one bedroom second floor purpose built maisonette in Furzedown let out which has a fivety eight 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 Furzedown 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 21k. Not sure sure whether to hold on or sell the flat?
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    Lease Extensions in Furzedown

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