Reigate Lease Extensions

Frequently asked questions relating to Reigate Lease Extensions

20,000 agreed with the landlord’s agents, just trying to find a Reigate for a lease extension. Our lease has around fivety eight yrsremaining. How long will this take ?

I acquired a flat in Reigate with a leasehold unexpired just under sixety eight years and need to extend it. Please can you advise me of the next steps

I have got a leasehold flat in the Reigate area and was enquiring if I could obtain a lease extension. What are your processes and fees. There are 55 years balance left

I have been in touch with my freeholder for a lease extension for my flat in Reigate. Her has been in contact concerning costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started June 1987.

My neighbours and I are in a building consisting of four flats in Reigate and have been offered to buy the freehold for £5000 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?

We inherited a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Reigate and are therefore deliberating the option of a vesting order. Is this something you can handle for us?

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 sixety six years residual lease term on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?

Me and my partner are considering buying a one bed flat in Reigate which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?

If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Reigate

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