Recently asked questions relating to Merton Lease Extensions

  • My name´s Kian. I’m flat hunting in Merton I'm seeing a ground floor flat online, with circa 58 years remaining, how much will it likely cost to extend in this area by, say, 25 years?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Merton, and my lease will reach 58 years this October. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I'm looking for an apartment to purchase in Merton and I'm not really familiar with the leasehold tenure. I've identified a one bedroom ground floor purpose built flat I like with a 87 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Is this a given?
  • I am considering acquiring an auction property and came upon a two bed flat in Merton. It has just 50 year lease..the current owner being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the disadvantages of this except for the huge fee to extend the lease and decreased chance of obtaining a mortgage with HSBC Bank?
  • I am in need of some help with a lease extension. I live in Dublin but the flat in question is based in Merton. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to purchase in Merton. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.
  • My fiance and I have been in discussion with our freeholder after having a valuation on our three bedroom first floor purpose built maisonette in Merton. We have a fivety six year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Merton for a two bed flat - section 42 is already served?
  • We currently own a garden flat in Merton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 79 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Merton 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?

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