Examples of recent questions relating to Lease Extensions in Shortlands

  • The intention is to sell our ground floor flat in Shortlands but we may need to extend the lease, or at least cover the costs of our purchaser. Are you able to suggest someone to handle this?
  • The terms for the lease on my flat in Shortlands are 95 years from 1 Jan 1989. Can you supply me me a quote for a lease extension if I give you more details please?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Shortlands, and would like some figures on that.
  • I purchased a garden flat in Shortlands. I am looking to extend lease on the property. It is roughly eighty one years. I would just like to know what your charges are and how long the process takes.
  • I am thinking about bidding for an auction property and identified a studio flat in Shortlands. It only has a 50 year lease..the current owner as mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this other than the huge fee to extend the lease and decreased chance of obtaining a mortgage with Alliance & Leicester ?
  • I intend to buy a one bed flat in Shortlands for asking price of 145k, which has 66 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 difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to acquire in Shortlands. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the garden area.
  • I'm intent on buying a flat in Shortlands valued at £256,000 the flat has approximately sixety one years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in June, hoping I'd have completed by Christmas. They have just informed me that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • I am currently negotiating a lease extension for my flat in Shortlands 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?
  • 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 ground floor purpose built flat in Shortlands

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