Common questions relating to Parson Cross Lease Extensions

  • My husband agreed with the freeholder for a lease extension on our flat located in Parson Cross, 14k for an additional 90yrs. How long is the process ?
  • My name´s Ollie. I’m property hunting in Parson Cross I'm seeing a three bedroom second floor purpose built flat online, with nearon sixety nine years unexpired lease, how much will it likely cost to extend in this area by, say, ninety years?
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 899 years remaining so a lease extension is not a worry. 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 25 years without the house being ours. Any help would be much appreciated.
  • Do you only undertake lease extensions in Parson Cross? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a .
  • I invested in buying a garden flat located in Parson Cross with a leasehold unexpired of 59 years. I am wondering about what it will cost me to extend my lease term
  • I am about to view a one bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 66 years remaining on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • I am looking at buying an auction property and came upon a studio flat in Parson Cross. It only has a 48 year lease..the vendor being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the costly fee to extend the lease and decreased chance of getting a mortgage with Chelsea Building Society?
  • My apartment in Parson Cross is up for sale and I have a hopefully firm offer. There is eighty one years unexpired on the lease and I want to extend the lease. How much will it likely cost to get a lease extension by, say,25 years
  • Coming up to 2 years that I have been in my one bed flat in Parson Cross. I have sixety six yrs unexpired lease on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Parson Cross for a two bed flat - sec 42 having been issued?

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