Top Ten Questions relating to Merton Lease Extensions

  • I bought a garden flat in Merton that I am now unable to sell as a result of the lease requiring a lease extension. How long will it take ?
  • I’m just looking for a two bedroom second floor purpose built flat to buy in the Merton area and was wondering what the likely fees would be to extend a lease? It has 79 years unexpired...
  • I am interested in getting a lease extension for a flat in Merton and want to use a local . Is there a that you can recommend?
  • I inherited a maisonette in Merton. The lease started in 1992 for 99 years. Now I am wanting for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • In 2012 I purchased a leasehold apartment in Merton. I have built a huge extension and have not informed the leaseholder. What should I do?
  • I have my suspicions that my niece is being hoodwinked. She put in an offer on a studio flat in Merton, where the lease is approximately sixety four years but she was advised by the estate agents that the vendor had extended it to 99 years. Only now has she been told the vendor was holding off for her to instruct conveyancers prior to commencing with the lease extension. Seems underhand, also it will take time to sort it all out. Am I reading too much into it?
  • My mortgage provider is requesting several hundred pounds for their to approve the lease extension deed for my flat in Merton... I can find no mention of this in my mortgage guide... is this a standard cost that they charge?
  • I'm living at parents but have a two bedroom ground floor purpose built maisonette in Merton let out which has a sixety two year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Merton for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • Me and my wife are in the throws of buying a property (a ground floor flat inMerton with share of freehold). During our search, we were always looking at properties that had at least ninety years remaining. We found a apartment we fell in love with and the estate agent promised us that the lease term was not an issue. Yesterday our told us the lease only has 74 years and thus needs a lease extension. Do we walk away, or should we negotiate our offer?
  • My mother is worried about getting a lease extension from a difficult landlord. Regardless of the fact that the legal procedures were followed under the 1993 Act, the landlord still attempted to charge ground rent of £250 increasing by 100% every twenty years of the new lease. Can you assist?

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