FAQs concerning South Sutton Lease Extensions

  • I am interested in getting a lease extension for a flat in South Sutton and want to use a local solicitors. Is there a solicitors that you can recommend?
  • We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 798 years residual lease term so a lease extension is not a worry. 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 25 years without owning the property. Any help would be much appreciated.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I inherited a garden flat in South Sutton. The lease commenced in 1998 for 99 years. Now I am wanting to extend the lease. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • Possibly made a mistake, I am seeking a conveyancers in South Sutton who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • I am looking into the costs of carrying out a lease extension for my maisonette in South Sutton, and would like some figures on that.
  • I am looking for advice as I am interested in a property that has only a 65 year lease and therefore requires a lease extension. Can I talk with someone to go through my options please?
  • I am the freeholder of a Edwardian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 79 years. What are my next steps?
  • I'm living with my mum and dad but have a one bedroom apartment in South Sutton let out which has a 71 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in South Sutton for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding vat and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my maisonette in South Sutton
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    Lease Extensions in South Sutton

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