Top Ten Questions relating to Merton Park Lease Extensions

  • I’ve just purchased a garden flat located inMerton Park and I'm deliberating extending the lease as soon as possible e.g. in a couple of years
  • I have been in touch with my freeholder to extend my lease for my flat in Merton Park. Her has been in contact with costs etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started October 1987.
  • My co-lessees and I are in a block consisting of three flats in Merton Park and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Ref a residence in Merton Park. lower maisonette. fivety eight yrs unexpired. I have an agreed lease extension to £20k for 135yrs. Landlord also requested Initial Notice which I think is a tad over the top. Advice required.
  • We wish to extend our lease having owned the flat for 2 years as of 22nd March 2016. It has circa 77 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • I intend to buy a one bed flat in Merton Park for asking price of 156k, which has sixety two 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 the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am planning to extend the lease on my 2 bed flat in Merton Park I am looking for help to verify the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • We would like to know the cost of a lease extension valuation for a property based in Merton Park. Is this something you can help us with?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I have 64 years remaining on my lease of a ground floor flat in Merton Park, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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