Questions and Answers: Nunhead Lease Extensions

  • My name´s Jake. I’m flat hunting in Nunhead I'm thinking about offering on a ground floor flat online, with approximately seventy six years outstanding, how much will it likely cost to extend in this location by, say, thirty years?
  • I am considering investing in a holiday home but it has a lease that expires in 14 years. Its in Nunhead - I wanted to see if with your services this could be extended?
  • I am about to put an offer in on a one bedroom apartment in Nunhead with a lease of seventy five years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • My neighbours and I are in a block of five flats in Nunhead 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?
  • My mortgage lender is requesting a £500 fee for their to agree a lease extension for my flat in Nunhead... I can find no reference of this in my mortgage booklet... is this a standard fee to pay?
  • My brother and I are proceeding with a purchase of a studio flat in Nunhead. I was informed that the lease had been lengthened (seventy three years outstanding prior to extension). The sales particulars stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The flat owner supposedly has a quote but no finances to extend as a result the vendor intends to exchange and use the my deposit for the lease extension. My question is is it not odd that my failed to pick this up far earlier than just before exchange?
  • I am looking to buy a one bed flat in Nunhead for asking price of 156k, which has 56 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 query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I would like some guidance on purchasing a leasehold residence. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Nunhead 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 OH and I have owned a leasehold flat for about eighteen years. There are 62 years unexpired lease on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would welcome advice.
  • I own the freehold of a couple of flats. Someone has the lease on the garden flat in Nunhead. I occupy in the top flat. I was looking at the land registry documents recently when I noticed that my flat is leasehold. There is fivety four years left. If I want a lease extension then would I simply be paying for the costs?
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