Lewisham Lease Extensions

Sample questions relating to Lewisham Lease Extensions

We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 years residual lease term so a lease extension is not required. 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any advice would be much appreciated.

Think I may have made an error, I am seeking a in Lewisham who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?

Regarding a residence in Lewisham. lower maisonette. 58 yrs unexpired. I have negotiated a lease extension price of £20k for 125yrs. Freeholder also requested Initial Notice which I think is a bit over the top. Can you assist.

My wife and I have a one bedroom flat in Lewisham. There is eighty years to run on the lease and we want to extend the lease. How much will it likely cost to get a lease extension by, say,25 years

My OH and I are proceeding with buying a one bed flat in Lewisham. I was advised by the EA that the lease extension had already been completed while on a viewing (61 years remaining prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The flat owner apparently has a quote but no funds to extend as a result the owner intends to exchange and use the my deposit for the lease extension. My question is how is possible that the estate agent got it so wrong?

I am in need of a lease extension for my flat in Lewisham and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

I would like some advice on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Lewisham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?

We would like to know the cost of a lease extension valuation for a property based in Lewisham. Is this something you can help us with?

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

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in Lewisham

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