Questions and Answers: South Ruislip Lease Extensions

  • My name´s Muhammad. I’m house hunting in South Ruislip I'm seeing a one bed flat online, with roughly fivety four years left, how much will it likely cost to extend in this location by, say, twenty years?
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 years remaining 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any information would be much appreciated.
  • I have been in touch with my freeholder for a lease extension for my flat in South Ruislip. Her has been in contact regarding costs etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started October 1994.
  • We are selling our garden flat in South Ruislip but we may require a lease extension, or at least cover the costs of our buyers. Are you able to help me find a to assist?
  • I'm deliberating over purchasing a one bedroom apartment (leasehold) but the freeholder has been absent for nearon 15yrs. I wonder whether it will be less expensive to try to purchase the freehold or to extend lease and apply for RTM?
  • I am in need of some help with a lease extension. I live in Dublin but the flat in question is based in South Ruislip. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • My wife and I are are hoping to complete on a one bedroom apartment in South Ruislip which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The vendor 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 pre-completion 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 correct that we must wait until the new lease is registered?
  • I'm looking for some assistance concerning extending the lease on my flat. The plan is to do this next June as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I am planning on remortgaging my one bedroom apartment in South Ruislip and the bank that I am looking to move to needs a minimum 85 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around 74 years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • I am currently negotiating a lease extension for my flat in South Ruislip 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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