Sample questions relating to Maze Hill Lease Extensions

  • Hello, I stumbled upon your website. I'm looking for prices on what a lease extension will cost for a one bed flat in Maze Hill. It's up for sale at the moment but has nearon seventy four years remaining on the lease
  • I have shares in the freehold of buildings comprising of 8 flats each. 2 of the leaseholders want to extend their leases and I'm curious about the the process
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years outstanding so a lease extension is not a concern. 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 twenty years without the house being ours. Any guidance would be much appreciated.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I am about to view a one bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 56 years outstanding on the lease. It is also a repossession so I'm guessing that the lender will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • We have a residential flat in Maze Hill with 76 years left. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of about 10k. We have now decided to move forward but do we now have to renegotiate?
  • I intend to buy a one bed flat in Maze Hill for asking price of 156k, which has seventy six years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the freeholder of a 1930’s property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 55 years. What are my next steps?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bedroom first floor purpose built maisonette in Maze Hill
  • I have a lease of 78 years remaining on my flat in Maze Hill. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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