Top Ten Questions relating to South Ruislip Lease Extensions

  • My name´s George. I’m house hunting in South Ruislip I'm considering offering on a two bedroom second floor purpose built flat online, with approximately 65 years unexpired lease, how much does it cost on average to extend in this area by, say, twenty years?
  • I have an interest in the freehold of buildings comprising of 8 flats each. 2 of the leaseholders want to extend their leases and I'm curious about the the process
  • We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 798 years outstanding so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.
  • I plan on buying a flat located in South Ruislip. The offer is subject to the lease extension. The owner’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
  • I am the registered owner of a one bed flat in South Ruislip. I am looking to extend lease on the property. It is roughly eighty years. I would just like to know what your charges are and how long it would take for completion.
  • I'm looking for a flat to buy in South Ruislip and I'm not really familiar with the leasehold arrangement. I've identified a place I like with a 82 years lease. My research reveals that I can get a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Skipton Building Society?
  • I am considering buying an auction property and came upon a one bed flat in South Ruislip. It only has a 50 year lease..the current owner being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the costly fee to extend the lease and decreased chance of obtaining a mortgage with Godiva Mortgages Ltd?
  • We are worried about getting a lease extension from a difficult landlord. Regardless of the fact that the correct procedures were followed under the 1993 Act, the landlord still tried to get ground rent of £200 increasing by 100% every twenty years of the new term. Can you assist?
  • We currently own a studio flat in South Ruislip and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 64 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I have 73 years remaining on my lease of a ground floor flat in South Ruislip, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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