Sample questions relating to Selsdon Lease Extensions

  • My name´s Callum. I’m flat hunting in Selsdon I'm seeing a studio flat online, with nearly 70 years outstanding, how much will it likely cost to get a lease extension by, say, fifty years?
  • I’m about to offer on a studio flat to purchase in the Selsdon area and was enquiring what the likely fees would be to extend a lease? It has fivety five years as a balance left...
  • I purchased a property in Selsdon and it has circa 67 years left. I'd like to extend the lease period
  • I own a leasehold flat in the Selsdon area and was enquiring if I could get a lease extension. What are your processes and charges. Has 71 years balance left
  • I am the registered owner of a maisonette based in Selsdon with a leasehold unexpired of seventy seven years. I am curious about how much I will need to spend to extend my lease term
  • I am about to view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 67 years outstanding on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • We have a one bedroom flat in Selsdon. There is eighty years unexpired on the lease and we want a lease extension. What does it cost on average to extend in this location by, say,45 years
  • Me and my sister are considering buying a one bed flat in Selsdon which is a leasehold. I am wondering what are the pros and cons of that - what occurs 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 extending the lease?
  • Me and my wife are purchasing a one bedroom first floor purpose built maisonette in Selsdon 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’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our to do a "priority search" on the property title. 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 has not been issued. Is it right that we have to be patient until the new lease is registered?
  • I am currently negotiating a lease extension for my flat in Selsdon as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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