Sample questions relating to Surrey Quays Lease Extensions

  • I’m about to offer on a two bedroom first floor purpose built maisonette to buy in the Surrey Quays area and was after more information on what the likely fees would be for a lease extension? It has sixety three years outstanding...
  • I think our conveyancers has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint
  • I need to negotiate a lease extension for a flat in Surrey Quays and want to use a local conveyancing practitioners. Are you able to help me find a property lawyers?
  • I have been in touch with my freeholder to extend my lease for my flat in Surrey Quays. Her lawyers has been in contact with costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started December 1984.
  • I am a FTB of a leasehold flat in Surrey Quays. The lease has only 54 years left and ground rent is £95. Is it possible for the current owner to serve the Initial Notice and then assign over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 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 flat owner? To add to the complexity the freeholder is absent, so I am not sure how does it work.
  • My father has a share of freehold, with two other leaseholders in a building in Surrey Quays. House converted into three apartments. He has a lease, which has approximately 74 yrs unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I'm living at mum and dad but have a studio flat in Surrey Quays let out which has a sixety four 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 Surrey Quays 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 13k. Not sure sure whether to hold on or sell the flat?
  • We are purchasing a one bedroom apartment in Surrey Quays which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our conveyancing practitioners to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we have to wait until the new lease is registered?
  • I'm looking for some assistance with regard to extending the lease on my flat. The plan is to do this sometime next year as we need 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 LVT route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently negotiating a lease extension for my flat in Surrey Quays as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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