Sample questions relating to New Beckenham Lease Extensions

  • Me and my fiance have just completed on a one bedroom first floor purpose built maisonette based inNew Beckenham and I'm thinking about extending the lease as soon as possible e.g. after 24 months of ownership
  • I purchased a one bedroom apartment in New Beckenham that I am now unable to sell due to the lease requiring a lease extension. How long will it take ?
  • I am going to purchase a flat located in New Beckenham. My offer is subject to the lease extension. The owner’s has given to the freeholder 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 Santander. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my GFF in New Beckenham, and would like some figures on that.
  • I intend to buy a one bed flat in New Beckenham for asking price of 145k, which has 77 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • If a leaseholder 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?
  • We are in the throws of buying a home (a one bed flat inNew Beckenham with share of freehold). During our search, we were always looking at apartments that had a minimum ninety years unexpired. We identified a place we liked and the selling agent assured that the lease term was not an issue. Today our informed us the lease only has seventy five years and thus requires a lease extension. Do we walk away, or do we negotiate our offer?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in New Beckenham. I reside in the upper flat. I was reviewing the title deeds recently when I noticed that my flat is leasehold. There is sixety two years left. Is it possible to carry out a lease extension without retaining a ?
  • We currently own a one bedroom apartment in New Beckenham 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 58 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in New Beckenham

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