Gipsy Hill Lease Extensions

Frequently asked questions relating to Gipsy Hill Lease Extensions

I’m thinking about a lease extension for our apartment based in Gipsy Hill and we don't fully comprehend the communication that we received from our freehold company. Can you please help us with this situation?

So this is the scenario: I bought a one bedroom second floor purpose built flat in Gipsy Hill that I now cannot sell due to the lease needing a lease extension. How long will it take ?

I’m just looking for a garden flat to purchase in the Gipsy Hill area and was after more information on what the likely fees would be to extend a lease? It has 67 years left...

I have a lease of seventy two years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I'm thinking of buying a ground floor flat (leasehold) but the landlord has been absent for slightly less than 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to extend lease and apply for RTM?

My fiance and I had entered into a purchase of a three bedroom ground floor purpose built maisonette in Gipsy Hill. I was advised by the EA that the lease extension had already been completed while on a viewing (71 years outstanding prior to extension). The sales particulars stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The seller supposedly has a quote but no finances to extend and consequently the owner intends to exchange and use the my deposit to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?

I would like some advice on purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Gipsy Hill area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?

I am the freeholder of a Victorian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 67 years. What are my next steps?

I'm living with my mum and dad but have a garden flat in Gipsy Hill let out which has a seventy three 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 Gipsy Hill 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 19k. Should I keep or sell the flat?

I am planning on remortgaging my one bedroom apartment in Gipsy Hill and the mortgage company that I am looking to move to requires at least 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 56 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process

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