Recently asked questions relating to Mortimer Lease Extensions

  • I have got a leasehold flat in the Mortimer area and was wondering whether I could get a lease extension. What are your processes and fees. There are 67 years left
  • I acquired a three bedroom ground floor purpose built flat in Mortimer. The lease started in 2001 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I plan on buying a flat located in Mortimer. My offer is conditional upon a lease extension. The current owner’s lawyers has served the Notice of Claim. 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 Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?
  • My co-lessees and I are in a block of three flats in Mortimer 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?
  • I an interested in finding out more about purchasing a leasehold residence. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Mortimer area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • My brother has a share of freehold, with two other leaseholders in a building in Mortimer. House converted into three apartments. He has a lease, which has slightly less than fivety six yrs unexpired lease. 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?
  • Hi I am the freeholder title in a 2 bedroom flat in Mortimer. The leaseholder has a 59 year lease and would like to purchase another 125 years. She is offering me £21,000 but I am not sure if this is a correct amount
  • We know that others in the same block had already had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation fees. Would you recommend such a course of action?
  • I have seventy two years remaining on my lease of a ground floor flat in Mortimer, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • We have a studio flat in Mortimer with a lease of 62 years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Mortimer

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