Common questions relating to Morden Lease Extensions

  • I’m just looking for a garden flat to buy in the Morden area and was interested in finding out what the likely fees would be to extend a lease? It has sixety two years unexpired...
  • I am going to purchase a flat in Morden. The offer is conditional upon a lease extension. The current owner’s solicitors 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 Lloyds TSB Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • The intention is to sell our GFF in Morden but we may need to extend the lease, or at least cover the costs of our buyers. Can you help me find a lawyers to handle this?
  • I am looking into the costs of carrying out a lease extension for my first floor flat in Morden, and would like some figures on that.
  • My partner and I are considering buying a garden flat in Morden which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • I am looking for advice as I am interested in a property that has only a 63 year lease and therefore requires a lease extension. Can I talk with someone to discuss my options please?
  • I'm living at parents but have a studio flat in Morden let out which has a seventy six 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 Morden 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 19k. Not sure sure whether to hold on or sell the flat?
  • We are worried about obtaining a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were followed under the 1993 Act, the landlord still attempted to get ground rent of £200 increasing by 100% every twenty years of the new lease. Can you help?
  • We currently own a garden flat in Morden 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 fivety nine years left. Not sure what to do, have read some bits on the web saying it will be 15k 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'm looking for some advice with regard to a lease extension on my ground floor flat in Morden. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Morden

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