Lambeth Lease Extensions: Q and A’s

  • I’m about to offer on a ground floor flat to purchase in the Lambeth area and was after more information on how much would it cost for a lease extension? It has 54 years unexpired...
  • I have got a leasehold flat in the Lambeth area and was wondering whether I could obtain a lease extension. What are your processes and charges. There are 76 years left
  • I need to extend my existing lease can you help me with that? I think it has 56 years left
  • I have a lease of 59 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • Regarding a leasehold in Lambeth. GFF maisonette. seventy nine yrs remaining. I have negotiated a lease extension price of £20k for 125yrs. Freeholder also insisted on Notice of Claim which I think is a tad over the top. Advice required.
  • We had entered into buying a ground floor flat in Lambeth. I was advised that the lease had been lengthened (56 years left prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The flat owner supposedly has a quote but no funds to extend as a result the owner wishes to exchange and use the my deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that Norwich and Peterborough Building Society won't lend on a lease?
  • My brother has a share of freehold, with two other leaseholders in a building in Lambeth. House converted into three flats. He has a lease, which has around 69 yrs left. How much would it cost for a lease extension and how many years would he need to extend by?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Lambeth. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
  • I am currently negotiating a lease extension for my flat in Lambeth 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?
  • Do you handle lease extensions on land? (a plot of land in Lambeth with 82yrs remaining)
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    Lease Extensions in Lambeth

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