FAQs concerning Sunbury Lease Extensions

  • I own a flat in Sunbury with a leasehold unexpired circa fivety nine years and need a lease extension. Please can you clarify the next stages
  • I'm about to make an offer on a house in Sunbury 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 Halifax giving us the mortgage now?
  • I want to buy a leasehold property and extend the lease. The owner has been there for four 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 ?
  • The intention is to sell our studio flat in Sunbury but we may need to extend the lease, or possibly cover the expense of our buyers. Can you help me find someone to undertake the legal formalities?
  • I am looking to either purchase the freehold or a lease extension of my property in Sunbury and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Aldermore to free up equity. My broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease commenced in 1991 and since then the ground rent has been raised from £38.00 per annum to £100 per annum.
  • My husband and I would like to know the cost of a lease extension valuation for a property based in Sunbury. Is this something you can assist us with?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Sunbury. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I have a freehold of a one bedroom flat in Sunbury. The leaseholders have sixety years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • We are are hoping to complete on a studio flat in Sunbury which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our solicitors to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must be patient until the lease extension has actually been registered before completing.?
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    Lease Extensions in Sunbury

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