Southwark Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Southwark Lease Extensions
We are looking for lease extension for our flat based in Southwark and we don't fully understand the letter that we got from our landlord company. Are you able to assist us with this situation?
I have shares in the freehold of buildings comprising of six flats each. Two of the leaseholders want a lease extension and I'm wondering about the the process
I'm planning to make an offer on a house in Southwark 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 Skipton Building Society giving us the mortgage now?
I want to buy a leasehold property and lease extension. The flat owner has been there over 2 years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I purchased a garden flat in Southwark with a leasehold unexpired of fivety seven years. I am curious about what it will cost me to extend my leasehold
I plan on buying a flat in Southwark. The offer is subject to the lease extension. The homeowner’s property lawyers has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender National Westminster Bank. Moreover, which are the following lease extension steps to complete the purchase?
I an interested in finding out more about leasehold property buying. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy 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 rent out the property?
Just been over 2 years that I have been in my studio flat in Southwark. I have seventy four yrs outstanding on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?
I am currently in the process of remortgaging my 2 bed flat in Southwark and the mortgage company that I am looking to switch to requires a minimum 85 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 71 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
I'm looking for some advice with regard to a lease extension on my garden flat in Southwark. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?