FAQs concerning Godalming Lease Extensions

  • I'm intending to make an offer on a house in Godalming but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Clydesdale giving us the mortgage now?
  • We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 798 years unexpired so a lease extension is not an issue. 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 twenty years without the house being ours. Any feedback would be much appreciated.
  • My neighbours and I are in a block comprising five flats in Godalming and have been offered to buy the freehold for 5k 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 own a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Godalming and looking to do a vesting order. Is this something you can handle for us?
  • Is it possible to talk with you about a leasehold property in Godalming, I am considering buying at auction next week. The flat only has a few years remaining and I am curious about what it would cost to get a lease extension and for your services.
  • My leasehold flat in Godalming is up for sale and I have a hopefully firm offer. There is eighty one years remaining on the lease and I want a lease extension. How much does it cost on average to extend in this location by, say,45 years
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Godalming for a two bed flat - section 42 having been issued?
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Godalming. I occupy in the top flat. I was looking at the land registry documents last night when I noticed that my flat has a lease on it. There is seventy nine years balance left. If I want to do a lease extension then would I simply be paying for the fees?
  • My and my husband are worried about seeking a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the freeholder still tried to charge ground rent of £300 increasing by 100% every 25 years of the new term. Can you help?
  • Do you handle lease extensions on land? (a plot of land in Godalming with 82yrs remaining)

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