Lease Extensions in Greenwich

Frequently asked questions relating to Greenwich Lease Extensions

We agreed with the head landlord to a lease extension on our flat in Greenwich, 17k for a further 90yrs. Can you please assist us with this situation ?

So this is the scenario: I am the registered owner of a studio flat in Greenwich that I am finding difficult to sell as a result of the lease requiring a lease extension. Can you please help me with this situation ?

Hello, I am looking somewhere around or in Greenwich 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?

I bought a maisonette in Greenwich. I am looking for a lease extension on the property. It is about eighty years. I would just like to know what your charges are and how long the process takes.

I'm looking for a flat to purchase in Greenwich and I'm not really familiar with the leasehold tenure. I've found a ground floor flat I like with a 82 years lease. I've read that I can go for a lease extension after 2 years, but:- Is this a given?

Re a leasehold in Greenwich. lower maisonette. 68 yrs remaining. I have an agreed lease extension to £14k for 135yrs. Freeholder also requested Notice of Claim which I think should not be required. Advice required.

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

Just been over two years that I have owned my ground floor flat in Greenwich. I have 74 years unexpired lease on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 445k. 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?

If a leaseholder 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 doing it?

We have been in discussion with our freeholder after having a valuation on our three bedroom second floor purpose built maisonette in Greenwich. We have a 62 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

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