FAQs concerning Putney Lease Extensions

  • My name´s Zachary. I’m property hunting in Putney I'm seeing a maisonette online, with slightly more 57 years outstanding, how much does it cost on average to extend in this location by, say, fifty years?
  • I am looking to either purchase the freehold or a lease extension of my property in Putney and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Barclays Direct to release of equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease began in 1981 and since then the ground rent has increased from £15.00 per year to £100 per annum.
  • Are you able to advise on the likely cost and the optimum way to start the lease extension process? I have just over seventy five years outstanding and I own a three bedroom first floor purpose built flat in Putney.
  • I have my suspicions that my niece is being hoodwinked. She submitted an offer on a garden flat in Putney, where the lease is around seventy eight years but she was told by the selling agents that the owner had extended it to 99 years. She has now been advised the flat owner was holding off for her to retain solicitors before commencing with the lease extension. Seems odd to me, also it will take months to sort it all out. What do you think?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • I'm hoping for some advice with regard to a lease extension on my apartment. The plan is to do this next June as we have 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 tribunal route. You are able to recommend a good with expertise in lease extensions. Ideally someone in Putney area?
  • We know that others in the same building had already had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you recommend this course of action?
  • I have 74 years remaining on my lease of a ground floor flat in Putney, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Putney
  • We have a two bedroom ground floor purpose built flat in Putney with a lease of 79 years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

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