Frequently asked questions relating to Thames View Lease Extensions

  • I am the owner of a maisonnette and the freehold of both flats. My upstairs neighbours have asked for a lease extension what do I need to do?
  • I am going to purchase a flat in Thames View. The offer is subject to the lease extension. The owner’s property lawyers has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays . Moreover, which are the following lease extension steps to complete the purchase?
  • We hope to sell our GFF in Thames View but we may require a lease extension, or at least cover the costs of our purchaser. Can you suggest someone to assist?
  • Think I may have made a mistake, I am seeking a lawyers in Thames View who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Thames View and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Skipton Building Society to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease commenced in 1979 and since then the ground rent has been raised from £15.00 per annum to £100 per year.
  • I wondered if you could help me on the likely cost and the best way to start the lease extension process? I have nearon fivety eight years remaining and I own a one bedroom apartment in Thames View.
  • 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 extending the lease?
  • Hi I own the freehold reversion in a one bedroom flat in Thames View. The leaseholder has a sixety two year lease and would like to purchase further 125 years. He is offering me £18,000 but I am not sure if this is in the right ballpark
  • Me and my partner are hoping to buy a home (a maisonette inThames View with share of freehold). During our search, we were always looking at apartments that had at least ninety years balance left. We found a place we fell in love with and the selling agent promised us that the lease term was not an issue. Today our lawyers advised us the lease only has 74 years and therefore needs a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I have a lease of 79 years remaining on my flat in Thames View. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Thames View

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