Questions and Answers: Lower Morden Lease Extensions

  • Hi, I stumbled across this site. I'm looking for prices on what a lease extension will cost for a garden flat in Lower Morden. It's up for sale at the moment but has about 59 years left on the lease
  • I have shares in the freehold of 2 blocks of flats comprising of six flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the the process
  • I need to extend my existing lease can you assist? I think it has sixety nine years unexpired
  • I am looking into the costs of carrying out a lease extension for my first floor flat in Lower Morden, and would like some figures on that.
  • I am a first time buyer of a leasehold flat in Lower Morden. The lease has just sixety nine years residual lease term and ground rent is £25. Is it possible for the owner to serve the Notice of Claim and then transfer this right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
  • My wife and I are acquiring a maisonette in Lower Morden which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must wait until the lease extension has actually been registered before completing.?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Lower Morden for a two bed flat - sec 42 is already served?
  • I'm looking for some assistance with regard to a lease extension on my maisonette. The intention is to do this in nine months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • My daughter is aware that others in the same building previously had a lease extension, and the landlord was reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation charges. Would you suggest such a course of action?
  • I'm looking for some advice with regard to a lease extension on my one bed flat in Lower Morden. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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