Frequently asked questions relating to Southborough Lease Extensions

  • My wife has an apartment based in Southborough which we are about to put on the market. The leasehold has around fivety seven 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 commence arranging a lease extension? Thank you.
  • Hi. I need someone to review my lease extension ahead of it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
  • 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?
  • My partner and I have a residential flat in Southborough with seventy four years remaining. Ten months ago we were quoted a deal to grant a lease extension for a further fifty years but also increase ground rent from notional to £300 per annum..plus a premium I think of approximately 10k. Finally we have decided to go ahead but do we now have to renegotiate?
  • I am the owner of a purpose-built flat in a small development in Southborough. The leasehold interest in the flat on a ninety five year lease started on 11th August 1969 with a set yearly rent of 45. I would like to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I do not need a lease extension but I do need a vesting order on a property I want to buy in Southborough. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.
  • Hello I own the freehold title in a one bedroom flat in Southborough. The leaseholder has a sixety nine year lease and would like to purchase another 125 years. She is offering me £21,000 but I am not sure if this is a correct amount
  • My and my fiance are worried about obtaining a lease extension from tricky landlord. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the landlord still tried to charge ground rent of £250 doubling every twenty years of the new term. Can you assist?
  • We have a maisonette in Southborough with a lease of sixety five years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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