Common questions relating to Riddlesdown Lease Extensions

  • I’m just looking for a one bedroom second floor purpose built flat to purchase in the Riddlesdown area and was interested in finding out how much would it cost to extend a lease? It has 62 years remaining...
  • I invested in buying a property in Riddlesdown and it has nearon 73 years balance left. I'd like to arrange a lease extension by twenty years
  • My co-lessees and I are in a block comprising five flats in Riddlesdown 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?
  • I would like some guidance on purchasing a leasehold residence. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Riddlesdown area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 72 years. I need a property lawyers at my end. Can you advise please? I live near Riddlesdown and have a mortgage with Halifax.
  • I am in need of some help with a lease extension. I live in Dublin but the flat in question is based in Riddlesdown. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • My husband and I are acquiring a garden flat in Riddlesdown which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our solicitors to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we have to wait until the new lease is registered?
  • I am planning on refinancing my maisonette in Riddlesdown and the mortgage company that I am looking to switch to requires a minimum 80 years remaining on the lease in order for them to take the mortgage forward. I have discovered that I currently have around sixety four years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • I have sixety eight years remaining on my lease of a ground floor flat in Riddlesdown, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • We have a studio flat in Riddlesdown with a lease of fivety five years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

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