Tadworth Lease Extensions

Sample questions relating to Tadworth Lease Extensions

I need to negotiate a lease extension for a flat in Tadworth and want to use a local . Is there a that you can recommend?

I'm intending to make an offer on a house in Tadworth but I'm a little worried 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 Aldermore giving us the mortgage now?

I am thinking about whether to purchase the freehold or a lease extension of my property in Tadworth and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Nottingham Building Society to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1972 and since then the ground rent has been raised from £38.00 per year to £300 per year.

Last year I purchased a leasehold flat in Tadworth. I have built a big extension and have not informed my leaseholder. What are my options?

My mortgage lender requires a £600 fee for their to approve the lease extension deed for my flat in Tadworth... I am unable to find any reference of this in my mortgage contract... is this a usual fee to pay?

I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?

I am looking to buy a one bed flat in Tadworth for asking price of 125k, which has 68 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 78 years. I need a at my end. Can you advise please? I live near Tadworth and have a mortgage with Skipton Building Society.

If a leaseholder 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 doing it?

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