Frequently asked questions relating to Sanderstead Lease Extensions

  • I am looking to extend the lease on my garden flat in Sanderstead which will have fivety seven years unexpired lease in June. What fees apply?
  • I have a lease of 60 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I purchased a one bedroom apartment in Sanderstead. The lease started in 2001 for 99 years. Now I am looking to extend the lease. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • I need to talk to you about a leasehold property in Sanderstead, I am considering buying at auction next week. The flat only has a few years left and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • My mortgage lender requires a £600 fee for their to agree a lease extension for my flat in Sanderstead... I am unable to find any reference of this in my mortgage booklet... is this a usual fee to pay?
  • I intend to buy a one bed flat in Sanderstead for asking price of 156k, which has sixety three years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm intent on purchasing an apartment in Sanderstead at a price of £210,000 the flat has approaching seventy eight years remaining on the lease. My offer was subject to a lease extension... .. that was back in June, expecting I'd have moved in before now. They have just informed the agent they'll reduce the price by£8k if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
  • I am currently in the process of remortgaging my one bedroom apartment in Sanderstead and the mortgage company that I am looking to move to requires at least 85 years remaining on the lease in order for them to progress matters. We currently have around 69 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
  • I have seventy seven years remaining on my lease of a ground floor flat in Sanderstead, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I have a lease of seventy years remaining on my flat in Sanderstead. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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