Common questions relating to Mottingham Lease Extensions

  • We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 928 years remaining 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
  • Regarding a leasehold in Mottingham. GFF maisonette. seventy yrs left. I have an agreed lease extension to £12,000 for 115yrs. Landlord also requested Initial Notice which I think should not be required. Advice required.
  • We have a leasehold flat in Mottingham with fivety four years unexpired. Last year we were quoted a deal to have a lease extension for another thirty years but also uplift the ground rent from nominal to £300 per annum..plus a premium I think of about 14k. We have now decided to proceed but do we now have to renegotiate?
  • We are looking to extend our lease. We will have been in the place for 2 years as of 21st Jan 2015. It has around sixety eight years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as possible.
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy five years. I need a at my end. Can you advise please? I live near Mottingham and have a mortgage with Britannia.
  • Me and my husband would like to know the cost of a lease extension valuation for a property based in Mottingham. Would you be able to help?
  • I have a freehold of a one bedroom flat in Mottingham. The leaseholders have seventy five years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • We are in the throws of buying a home (a one bedroom second floor purpose built maisonette located inMottingham with share of freehold). Throughout our search, we were always looking at apartments that had a minimum ninety years outstanding. We identified a place we fell in love with and the selling agent assured that the lease term was not an issue. Yesterday our advised us the lease only has 77 years and therefore requires a lease extension. Should we walk away, or do we reduce our offer?
  • My wife and I are concerned about getting a lease extension from a difficult freeholder. Notwithstanding that the legal procedures were followed under the 1993 Act, the landlord still attempted to charge ground rent of £250 doubling every twenty five years of the new term. Can you help?
  • We have a garden flat in Mottingham with a lease of 78 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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