FAQs concerning Rotherhithe Lease Extensions

  • I think our has advised us incorrectly concerning a lease extension and I want to know how to go about making a formal complaint
  • I have got a leasehold flat in the Rotherhithe area and was wondering whether I could get a lease extension. What are your processes and charges. Has seventy years unexpired
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has sixety three years balance left.
  • I purchased a studio flat in Rotherhithe. I am looking to extend lease on the property. It is nearon eighty years. I would just like to know what your charges are and how long it would take for completion.
  • Are you able to advise on the likely financials and the best way to start the lease extension process? I have just under seventy five years outstanding and I own a three bedroom second floor purpose built maisonette in Rotherhithe.
  • I am the owner of a purpose-built apartment in a small development in Rotherhithe. The leasehold interest in the flat on a 99 year lease started from 2nd November 1980 with a fixed ground rent of £10 per annum. I wish to obtain a lease extension. Can I talk with someone to discuss my options please?
  • Coming up to 2 years that I have been in my garden flat in Rotherhithe. I have 74 yrs remaining on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
  • Me and my partner are buying a three bed flat in Rotherhithe which has share of freehold and a leasehold. The lease was on the short side so the seller commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our 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 be patient until the new lease is registered?
  • We are in the throws of buying a property (a two bedroom ground floor purpose built flat inRotherhithe with share of freehold). During our search, we were always looking at flats that had at least 83 years left. We came across a place we liked and the estate agent assured that the lease term was not an issue. This morning our advised us the lease only has sixety six years and therefore requires a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I know that others in the same building had already had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on previous prices . This would save on double valuation charges. Is this advisable?

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