Lease Extensions in Moor Park

Moor Park Lease Extensions: Q and A’s

Hi, I stumbled upon your website. I'm looking for prices on what it cost to extend a lease of a ground floor flat located in Moor Park. It's on sale at the moment but has approximately 55 years left on the lease

We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years balance left so a lease extension is not required. 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.

Do you only undertake lease extensions in Moor Park? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a .

We are in a building made up four flats in Moor Park and have been offered to buy the freehold for £5000 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?

My apartment in Moor Park is up for sale and I have a hopefully firm offer. There is 82 years to run on the lease and I want to extend the lease. What will it likely cost to get a lease extension by, say,25 years

My husband has a share of freehold, with two other leaseholders in a building in Moor Park. House divided into three apartments. He has a lease, which has nearon sixety three yrs outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 70 years. I need a at my end. Can you advise please? I live near Moor Park and have a mortgage with Norwich and Peterborough Building Society.

My brother and I would like to know the cost of a lease extension valuation for a property based in Moor Park. Is this something you can assist 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 know that others in the same building previously had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of not having formal survey and base the initial offer on previous prices . This would save on double valuation charges. Would you suggest this course of action?

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