Sample questions relating to South Woodford Lease Extensions

  • I'm intending to make an offer on a house in South Woodford but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Lloyds TSB Bank giving us the mortgage now?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in South Woodford, and my lease will reach seventy years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • The terms for the lease on my flat in South Woodford are 101 years from 12 Dec 1980. Please give me a quote for a lease extension if I give you more details please?
  • I bought a one bedroom first floor purpose built flat in South Woodford. I am looking for a lease extension on the property. It is around eighty years. I would just like to know what your charges are and how long it would take for completion.
  • I will soon view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 65 years unexpired on the lease. It is also a repossession so I'm assuming that the lender will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • Are you able to advise on the likely cost and the best way to start the lease extension process? I have around seventy nine years left and I own a garden flat in South Woodford.
  • I am the owner of a purpose-built flat in a large block in South Woodford. The leasehold interest in the flat on a 99 year lease started from 2nd November 1980 with a fixed yearly rent of 45. I wish to obtain a lease extension. Can I call someone to discuss my options please?
  • My son has a share of freehold, with two other leaseholders in a building in South Woodford. House divided into three flats. He has a lease, which has approximately 68 years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • Me and my sister are in the throws of buying a home (a maisonette located inSouth Woodford with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years residual lease term. We came across a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Today our told us the lease only has seventy eight years and therefore requires a lease extension. Should we run away, or do we negotiate our offer?
  • I own the freehold reversion of a property in South Woodford where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?

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