Hersham Lease Extensions

Frequently asked questions relating to Hersham Lease Extensions

We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years residual lease term so a lease extension is not a worry. 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 correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any suggestions would be much appreciated.

I have been in touch with my freeholder for a lease extension for my flat in Hersham. Her has been in contact with fees etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started January 1990.

I bought a studio flat in Hersham. The start date for the lease was in 2001 for 99 years. Now I am looking for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?

I'm deliberating over purchasing a studio flat (leasehold) but the landlord has been absent for approximately 15yrs. My query is would it be cheaper to try to buy the freehold or to extend lease and apply for RTM?

I inherited a one bedroom apartment in Hersham. I am looking to extend lease on the property. It is roughly eighty one years. I would just like to know what your charges are and how long it would take for completion.

I need to talk to you about an apartment in Hersham, I am thinking of buying at auction in the next few days. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.

I will soon view a one bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 79 years residual lease term on the lease. It is also a repo so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?

I am a landlord of a block of flats in Hersham, and the tenants are in the process of being issued lease extensions. I should hopefully get the money within a month or so. How does the tax work, the property is co-owned with my partner ?

I an interested in finding out more about leasehold property buying. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Hersham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?

My brother is concerned about obtaining a lease extension from tricky freeholder. Notwithstanding that the correct procedures were adhered to under the appropriate legislation, the landlord still tried to get ground rent of £300 doubling every twenty years of the new lease. Can you assist?

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