Recently asked questions relating to Riddlesdown Lease Extensions

  • I am the registered owner of a flat in Riddlesdown with a leasehold unexpired roughly 67 years and need to extend it. Please can you advise me of the next steps
  • I own a leasehold flat in the Riddlesdown area and was enquiring whether I could obtain a lease extension. What are your processes and fees. There are seventy six years outstanding
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 78 years left.
  • I plan on buying a flat located in Riddlesdown. My offer is subject to the lease extension. The vendor’s property lawyers has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Birmingham Midshires. Moreover, which are the following lease extension steps to complete the purchase?
  • Is it possible to talk with you about a flat in Riddlesdown, I am considering bidding at auction next month. The flat has a short lease and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I am considering buying an auction property and came upon a one bed flat in Riddlesdown. It only has a 50 year lease..the seller being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with HSBC Bank?
  • We wish to extend our lease. We will have been in the apartment for two years as of 1st April 2015. It has about sixety four years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.
  • We are proceeding with buying a garden flat in Riddlesdown. I was advised by the EA that the lease extension had already been completed while on a viewing (62 years left prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The vendor apparently has a quote but no funds to extend and consequently the vendor wishes to exchange and use the my deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 68 years. I need a solicitors at my end. Can you advise please? I live near Riddlesdown and have a mortgage with TSB.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Riddlesdown
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Riddlesdown