Lease Extensions in Southfields

Questions and Answers: Southfields Lease Extensions

My husband and I are thinking about a lease extension for our leasehold house in Southfields and we are confused by the letter that we received from our landlord company. How long will it take?

35k agreed with the landlord, just trying to find a Southfields lawyers for a lease extension. Our flat has around 64 yrsleft. How long will this take ?

I bought a flat in Southfields with a leasehold unexpired roughly 75 years and need to extend it. Please can you advise me of the next stages

I am looking to extend the lease on my two bedroom ground floor purpose built flat in Southfields which will have 78 years unexpired lease in September. What fees do you charge for this?

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'm considering buying a three bedroom second floor purpose built flat (leasehold) but the freeholder has been absent for approximately 15yrs. I wonder whether it will be cheaper to try to buy the freehold or to get a lease extension and apply for right to manage?

I am looking at buying an auction property and came upon a studio flat in Southfields. It only has a 48 year lease..the current owner as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and reduced chance of getting a mortgage with The Mortgage Works?

We have a ground floor flat in Southfields with 78 years remaining. Last year we were quoted a deal to grant a lease extension for a further fifty years but also increase ground rent from notional to a little more..plus a premium I think of approximately 9k. We have now decided to move forward but do we now have to renegotiate?

We would like to know the cost of a lease extension valuation for a property based in Southfields. Would you be able to help?

I'm living at mother and father but have a maisonette in Southfields let out which has a 59 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 Southfields 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 19k. Not sure sure whether to hold on or sell the flat?

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