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Questions and Answers: Herne Hill Lease Extensions
I have an interest in the freehold of buildings comprising of 8 flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the procedure for this
I need to negotiate a lease extension for a flat in Herne Hill and want to use a local solicitors. Are you able to help me find a conveyancing practitioners?
Do you only do lease extensions in Herne Hill? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a conveyancing practitioners.
I am looking to buy a one bedroom apartment in Herne Hill with a lease of 55 years but unsure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I am going to purchase a flat in Herne Hill. My offer is subject to the lease extension. The seller’s conveyancers has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays . Moreover, which are the following lease extension steps to complete the purchase?
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety eight years. I need a property lawyers at my end. Can you advise please? I live near Herne Hill and have a mortgage with National Westminster Bank.
I am the freeholder of a Victorian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 62 years. What are my next steps?
I do not need a lease extension but I do require a vesting order on a property I want to buy in Herne Hill. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the rear garden.
I am currently negotiating a lease extension for my flat in Herne Hill as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?