Common questions relating to South Sutton Lease Extensions

  • I bought a flat in South Sutton with a leasehold unexpired circa 72 years and need to extend it. Please can you clarify the next stages
  • My partner has an apartment in South Sutton which we are about to put on the market. The leasehold has approximately sixety six years left on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Many thanks.
  • I have been in touch with my freeholder for a lease extension for my flat in South Sutton. Her has been in contact with costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started October 1986.
  • My neighbours and I are in a block comprising five flats in South Sutton and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Offer accepted on a a ground floor flat in South Sutton, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.We are about to exchange contracts within a week. My question is Is it not odd that my didn't pick this up far earlier than just before exchange?
  • I would like some guidance on purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in South Sutton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I'm living with my parents but have a studio flat in South Sutton let out which has a 75 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 21k. Not sure sure whether to hold on or sell the flat?
  • I do not need a lease extension but I do need a vesting order on a property I want to acquire in South Sutton. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
  • I am worried about obtaining a lease extension from an objectionable landlord. Regardless of the fact that the legal procedures were followed under the 1993 Act, the freeholder still tried to get ground rent of £200 increasing by 100% every twenty five years of the new lease. Can you help?
  • I have a lease of 61 years remaining on my flat in South Sutton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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