FAQs concerning Rayners Lane Lease Extensions

  • I’m about to offer on a studio flat to buy in the Rayners Lane area and was wondering what the likely fees would be for a lease extension? It has fivety seven years unexpired...
  • I have an interest in the freehold of buildings comprising of 8 flats each. Two of the leasehold owners want a lease extension and I'm wondering about the the process
  • I have been in touch with my freeholder for a lease extension for my flat in Rayners Lane. His has been in contact with fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started October 1984.
  • My co-lessees and I are in a building of five flats in Rayners Lane and have been offered to buy the freehold for £6000 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?
  • I am about to view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy five years unexpired on the lease. It is also a repo so I'm assuming that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • My mortgage provider requires a £500 fee for their to approve the lease extension deed for my flat in Rayners Lane... I can find no mention of this in my mortgage booklet... is this a normal cost that they charge?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • My fiance and I have owned a leasehold flat for about eighteen years. There are 56 years outstanding on the lease. Following a year of difficult 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 appreciate advice.
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Rayners Lane. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.
  • I have 78 years remaining on my lease of a ground floor flat in Rayners Lane, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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