Top Ten Questions relating to Gipsy Hill Lease Extensions

  • I am interested in getting a lease extension for a flat in Gipsy Hill and want to use a local . Is there a that you can recommend?
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 928 years balance left so a lease extension is not a concern. 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 true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any information would be much appreciated.
  • Hello. I need a to review my lease extension before it's formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor variations.
  • We are in a building consisting of five flats in Gipsy Hill and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • We are looking to extend our lease having owned the flat for two years as of 22nd Feb 2016. It has about 76 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
  • My (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 am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Gipsy Hill. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • 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'm intent on purchasing an apartment in Gipsy Hill valued at £210,000 the flat has something like 77 years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in September, hoping I'd have completed before now. The owner has just informed me that they are prepared to knock £3k off if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • I'm looking for some advice with regard to a lease extension on my maisonette in Gipsy Hill. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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