Top Ten Questions relating to Streatham Lease Extensions

  • I am looking at investing in a holiday home but it has a lease that expires in fifteen years. Its in Streatham - I wanted to see if with your services it is possible for this to be extended?
  • I am looking for a lawyers in Streatham and they need to be on the Aldermore approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
  • 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 bought a one bedroom apartment in Streatham. The start date for the lease was in 2001 for 99 years. Now I am wanting for a lease extension. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Streatham, and would like some figures on that.
  • I'm looking for an apartment to buy in Streatham and I'm not really familiar with the leasehold title. I've found a garden flat I like with a 91 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Santander?
  • I am a FTB of a leasehold flat in Streatham. The lease has only 79 years balance left and ground rent is £75. Is it possible for the current owner to serve the Section 42 Notice and then assign over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the vendor? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.
  • My fiance and I have owned a leasehold flat for approximately fifteen years. There are seventy six years outstanding on the lease. After a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
  • Hi I am the freeholder reversion in a one bedroom flat in Streatham. The leaseholder has a 71 year lease and would like to purchase another 90 years. She is offering me £18,000 but I am unsure if this is a correct amount
  • We currently own a one bedroom first floor purpose built flat in Streatham and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 79 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
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    Lease Extensions in Streatham

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