Questions and Answers: South Wimbledon Lease Extensions

  • My wife and I have just completed on a one bedroom second floor purpose built maisonette located inSouth Wimbledon and I'm thinking about a lease extension as soon as practicable e.g. in 24 months of ownership
  • My wife has an apartment based in South Wimbledon which we have just put on the market. The leasehold has roughly 65 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I want to acquire a leasehold property and extend the lease. The homeowner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I invested in buying a studio flat in South Wimbledon with a leasehold unexpired of 60 years. I am curious about what it will cost me to extend my lease
  • I'm deliberating over buying a garden flat (leasehold) but the freeholder has been missing for around 15yrs. My question is would it be less expensive to try to acquire the freehold or to get a lease extension and apply for right to manage?
  • We purchased a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in South Wimbledon and looking to do a vesting order. Is this something you can help us with?
  • In 2012 I purchased a leasehold apartment in South Wimbledon. I have built a huge extension and have not informed my leaseholder. What are my options?
  • I'm looking for a flat to purchase in South Wimbledon and I'm not really familiar with the leasehold concept. I've found a one bed flat I like with a 90 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
  • I own the freehold of a three bedroom flat in South Wimbledon. The leaseholders have 74 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • My OH and I are hoping to acquire a home (a ground floor flat located inSouth Wimbledon with share of freehold). During our search, we were always looking at properties that had a minimum 83 years balance left. We came across a place we liked and the selling agent assured that the lease term was not an issue. This morning our conveyancing practitioners informed us the lease only has sixety six years and therefore requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in South Wimbledon