FAQs concerning New Beckenham Lease Extensions

  • So this is the scenario: I am the registered owner of a maisonette in New Beckenham that I am finding difficult to sell due to the lease needing a lease extension. What's your solicitors fee ?
  • I'm planning to make an offer on a house in New Beckenham but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect The Royal Bank of Scotland giving us the mortgage now?
  • I am looking to purchase a one bedroom apartment in New Beckenham with a lease of 67 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I have contacted my freeholder for a lease extension for my flat in New Beckenham. Her has been in contact concerning costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started June 199.
  • I am going to purchase a flat located in New Beckenham. The offer is subject to the lease extension. The vendor’s has given to the freeholder 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
  • My co-lessees and I are in a building containing four flats in New Beckenham and have been offered to buy the freehold for 7k 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 need to talk to you about a flat in New Beckenham, I am considering buying at auction next month. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
  • I am a FTB of a leasehold flat in New Beckenham. The lease has just 61 years remaining and ground rent is £50. Is it possible for the flat owner to serve the Initial Notice and then assign over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the homeowner? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
  • Me and my wife would like to know the cost of a lease extension valuation for a property based in New Beckenham. Is this something you can help us with?
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in New Beckenham. I live in the top flat. I was reviewing the land registry documents last night when I noticed that my flat is leasehold. There is 58 years unexpired. If I want to do a lease extension then would I simply be paying for the costs?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in New Beckenham