Lease Extensions in Southwark

Top Ten Questions relating to Southwark Lease Extensions

40k agreed with the landlord’s agents, just attempting to find a Southwark for a lease extension. Our flat has around 61 yearsunexpired lease. How long will this take ?

We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 798 years left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any feedback would be much appreciated.

I acquired a ground floor flat based in Southwark with a leasehold unexpired of 74 years. I am enquiring about how much it will cost me to extend my leasehold

I need to talk to you about a flat in Southwark, I am thinking of bidding at auction next month. The flat only has a few years left and I am curious about what it would cost to get a lease extension and for your services.

I own a leasehold apartment in Southwark. I have built a large extension and have not informed the freeholder. What are my options?

I'm looking for a flat to buy in Southwark and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom apartment I like with a 91 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Is this a given?

I am concerned that my daughter might be having the wool pulled over her eyes. She put in an offer on a ground floor flat in Southwark, where the lease is roughly fivety eight years but she was informed by the selling agents that the owner had extended it to 125 years. She has now been informed the homeowner was waiting for her to appoint solicitors before commencing with the lease extension. Sounds devious, also it could take a while to sort it all out. What do you think?

My wife and I have a first floor flat in Southwark with 59 years unexpired. Last year we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 9k. Finally we have decided to proceed but do we now have to start the negotiations again?

I would like some help on purchasing a leasehold residence. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Southwark area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?

I am hoping to extend the lease on my ground floor flat in Southwark I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.

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