Top Ten Questions relating to Lamorbey Lease Extensions

  • I am about to put an offer in on a studio flat in Lamorbey with a lease of 67 years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I'm planning on buying a ground floor flat (leasehold) but the freeholder has been missing for around 15yrs. My question is would it be cheaper to try to purchase the reversionary title or to get a lease extension and apply for RTM?
  • We are in a building comprising four flats in Lamorbey and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • The terms for the lease on my apartment in Lamorbey are 101 years from 10 Dec 1988. Please give me a quote for a lease extension if I give you more information please?
  • My partner and I are proceeding with a purchase of a studio flat in Lamorbey. I was advised by the EA that the lease extension had already been completed while on a viewing (67 years outstanding prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The flat owner supposedly has a quote but no finances to extend as a result the current owner intends to exchange and use the deposit monies for the lease extension. My question is as the lease hasn't been extended is there not a danger that Godiva Mortgages Ltd won't lend on a lease?
  • My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Me and my OH would like to know the cost of a lease extension valuation for a property based in Lamorbey. Would you be able to help?
  • Coming up to 2 years that I have owned my ground floor flat in Lamorbey. I have 74 yrs left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers 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?
  • Me and my husband have been in discussion with our freeholder after having a valuation on our maisonette in Lamorbey. We have a 56 year lease and we wish to increase this to 99. The Freeholder has given 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 conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I have sixety three years remaining on my lease of a ground floor flat in Lamorbey, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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