Top Ten Questions relating to Grove Park Lease Extensions

  • We agreed with the freeholder to a lease extension on our flat located in Grove Park, 10k for an additional 90yrs. How long will it take ?
  • I am looking into the costs of carrying out a lease extension for my maisonette in Grove Park, and would like some figures on that.
  • I wondered if you could help me on the likely expense and the best way to get a lease extension started? I have around fivety nine years remaining and I own a garden flat in Grove Park.
  • Ref a leasehold in Grove Park. GFF maisonette. seventy seven yrs remaining. I have negotiated a lease extension price of £20k for 125yrs. Freeholder also requested Section 42 Notice which I think should not be required. Advice required.
  • My wife and I would like to know the cost of a lease extension valuation for a property based in Grove Park. Is this something you can assist us with?
  • I'm living at mum and dad but have a garden flat in Grove Park let out which has a 64 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 Grove Park 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 13k. Not sure sure whether to hold on or sell the flat?
  • Just been over 2 years that I have been in my maisonette in Grove Park. I have seventy years left on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • My and my fiance know that others in the same block previously had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on previous prices . This would save on double valuation fees. Is this advisable?
  • I am planning on refinancing my three bed flat in Grove Park and the next lender that I am looking to switch to needs a minimum 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around 55 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
  • Do you handle lease extensions on land? (a plot of land in Grove Park with 82yrs remaining)
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    Lease Extensions in Grove Park

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