Leatherhead Lease Extensions

Sample questions relating to Leatherhead Lease Extensions

I have shares in the freehold of buildings comprising of six flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the procedure for this

I want to buy a leasehold property and extend the lease. The owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I own a maisonnette together with the freehold of both flats. The owners of the upstairs flat have asked for a lease extension what do I need to do?

I'm deliberating over buying a two bedroom second floor purpose built flat (leasehold) but the freeholder has been missing for about 15yrs. I wonder whether it will be cheaper to try to acquire the freehold or to get a lease extension and apply for RTM?

I am a freeholder of a block of flats in Leatherhead, and the tenants are in the process of being given lease extensions. I should hopefully get funds within a month or so. As I am not on self assessment do I write to the tax man ?

I am hoping to extend the lease on my garden flat in Leatherhead I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.

Just been over 2 years that I have been in my ground floor flat in Leatherhead. I have 72 years remaining on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Leatherhead based or any will do fine?

If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

I am currently in the process of remortgaging my maisonette in Leatherhead and the next lender that I am looking to move to requires a minimum 85 years on the leasehold of my property in order for them to progress matters. We currently have around sixety two years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension

I am currently negotiating a lease extension for my flat in Leatherhead 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?

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