Questions and Answers: Putney Heath Lease Extensions

  • Hello, I stumbled upon your site. I'm seeking prices on what it cost to extend a lease of a ground floor flat based in Putney Heath. It's on sale at the moment but has around 65 years left on the lease
  • I have shares in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leasehold owners want a lease extension and I'm wondering about the the process
  • We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 798 years outstanding 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any suggestions would be much appreciated.
  • I am the owner of a maisonnette together with the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • We hope to sell our GFF in Putney Heath but we may need a lease extension, or at least cover the expense of our buyers. Can you help me find a to handle this?
  • Are you able to advise on how much it would cost and the optimum way to start the lease extension process? I have approximately seventy eight years remaining and I own a three bed flat in Putney Heath.
  • My husband has a share of freehold, with two other leaseholders in a building in Putney Heath. House split into three apartments. He has a lease, which has just over 57 years outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I'm living with my mum and dad but have a ground floor flat in Putney Heath let out which has a fivety five year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Putney Heath for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • I require an estimate to extend my mum’s lease on a studio flat in Putney Heath. She already has a figure from the landlord for a lease extension but I am not sure it is reasonable.
  • I am currently negotiating a lease extension for my flat in Putney Heath 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?

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