Streatham Lease Extensions: Q and A’s

  • 20,000 agreed with the freeholder, just seeking to find a Streatham for a lease extension. Our lease has nearly seventy six yearsleft. Are you willing to help us with this situation ?
  • My wife has a flat based in Streatham which we have just put on the market. The leasehold has roughly sixety three years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I am interested in getting a lease extension for a flat in Streatham and want to use a local . Are you able to help me find a ?
  • 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 928 years remaining 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 the house being ours. Any suggestions would be much appreciated.
  • I am about to view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 60 years residual lease term on the lease. It is also a repossession so I'm guessing that the bank will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am a first time buyer of a leasehold flat in Streatham. The lease has just seventy four years residual lease term and ground rent is £95. Is it possible for the seller to serve the Section 42 Notice and then assign over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the vendor? Unfortunately the landlord can not be found, so I am not sure how this will play out.
  • I am concerned that my daughter might be having the wool pulled over her eyes. She put in an offer on a three bed flat in Streatham, where the lease is circa 54 years but she was told by the selling agents that the owner had extended it to 125 years. She has now been informed the vendor was holding off for her to appoint conveyancers ahead of instigating the lease extension. Sounds unscrupulous, also it could take time to sort it all out. What do you think?
  • My mortgage lender requires a £450 fee for their for a "deed of substituted security" for the lease extension for my flat in Streatham... I am unable to find any reference of this in my mortgage booklet... is this a standard cost that they charge?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
  • Me and my OH have been in discussion with our freeholder after having a valuation on our studio flat in Streatham. We have a 72 year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.

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