Old Malden Lease Extensions: Q and A’s

  • 20,000 agreed with the landlord’s agents, just attempting to find a Old Malden for a lease extension. Our flat has approximately 79 yrsremaining. How long will this take ?
  • I have shares in the freehold of buildings comprising of 8 flats each. Two of the leasehold owners want a lease extension and I'm curious about the the process
  • I'm about to make an offer on a house in Old Malden 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 Yorkshire Building Society giving us the mortgage now?
  • I have a leasehold flat in Old Malden. I have built a big extension and have not informed the leaseholder. What should I do?
  • I am a first time buyer of a leasehold flat in Old Malden. The lease has just 70 years left and ground rent is £75. Is it possible for the flat owner to serve the Notice of Claim and then assign this right to me as the buyer on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the flat owner? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
  • I own a share of the freehold. There are four apartments in the block. All the leaseholders are now looking for lease extensions. Are you willing to help us with this situation?
  • It says on your website the likely fee to extend a lease is £495. Is that the total cost excluding vat and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my garden flat in Old Malden
  • I'm seeking some advice concerning extending the lease on my flat. The intention is to do this sometime next year as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently negotiating a lease extension for my flat in Old Malden as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I'm looking for some advice with regard to a lease extension on my 2 bed flat in Old Malden. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good who specialises in lease extensions?

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