Frequently asked questions relating to Sunbury On Thames Lease Extensions

  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 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 twenty years without owning the property. Any suggestions would be much appreciated.
  • I own a maisonnette and the freehold. The owners of the downstairs flat have asked for a lease extension what do I need to do?
  • I'm looking for a flat to purchase in Sunbury On Thames and I'm not really familiar with the leasehold tenure. I've found a garden flat I like with a 90 years lease. My research reveals that I can get a lease extension after 2 years, but:- Is this a given?
  • I will soon view a two bedroom flat, although not exactly my perfect 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 sixety one years remaining on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety four years. I need a conveyancers at my end. Can you advise please? I live near Sunbury On Thames and have a mortgage with The Mortgage Works.
  • I'm living with my mum and dad but have a studio flat in Sunbury On Thames let out which has a seventy eight year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Sunbury On Thames for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • I do not need a lease extension but I do require a vesting order on a property I want to acquire in Sunbury On Thames. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
  • If somebody owns a flat with a lease of less than 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 extending the lease?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Sunbury On Thames for a two bed flat - sec 42 is already in place?
  • I'm looking for some advice concerning a lease extension on my apartment. I'll be looking to do this in nine months time as we have to move 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?
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    Lease Extensions in Sunbury On Thames

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