FAQs concerning Mitcham Junction Lease Extensions

  • I am looking at investing in a second home but it has a lease that expires in 14 years. Its in Mitcham Junction - I wanted to see if with your services this could be extended?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has fivety eight years balance left.
  • I am going to purchase a flat located in Mitcham Junction. The offer is conditional upon a lease extension. The vendor’s property lawyers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • We hope to sell our one bedroom apartment in Mitcham Junction but we may need to extend the lease, or possibly cover the expense of our buyers. Can you recommend a solicitors to undertake the legal formalities?
  • We bought a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Mitcham Junction and are therefore considering the option of a vesting order. Is this something you can help us with?
  • My wife and I have a residential flat in Mitcham Junction with sixety one years remaining. Ten months ago we were quoted a deal to have a lease extension for another thirty years but also uplift the ground rent from nominal to £200 per year..plus a premium I think of approximately 10k. Finally we have decided to go ahead but do we now have to renegotiate?
  • I own a share of the freehold. There are three flats in the block. All the leaseholders are now seeking lease extensions. What's your legal fee?
  • I'm looking at acquiring an apartment in Mitcham Junction at a price of £210,000 the flat has just under 73 years unexpired on the lease. My offer was subject to the lease being extended... .. that was back in August, expecting I'd have completed before now. The owner has just come back saying that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I am planning on remortgaging my one bed flat in Mitcham Junction and the new lender that I am looking to move to requires a minimum 80 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around seventy seven years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
  • We have a garden flat in Mitcham Junction with a lease of seventy seven years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Mitcham Junction

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