Frequently asked questions relating to Thamesmead Lease Extensions

  • My wife and I are looking for lease extension for our two bed flat based in Thamesmead and we are confused by the letter that we received from our landlord company. How long will it take?
  • I acquired a flat in Thamesmead with a leasehold unexpired nearly fivety nine years and need to extend it. Please can you advise me of the next steps
  • We hope to sell our ground floor flat in Thamesmead but we may need a lease extension, or possibly cover the expense of our purchaser. Are you able to recommend someone to handle this?
  • I am a FTB of a leasehold flat in Thamesmead. The lease has only sixety one years unexpired and ground rent is £50. Is it possible for the seller to serve the Initial Notice and then transfer this right to me as the purchaser once I complete the buying process so that I don't have to wait for the two 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 achievable but will it be very time consuming to the homeowner? To add to the complexity it’s the case of an missing landlord, so I am not sure how this will play out.
  • I own a purpose-built flat based in a small block in Thamesmead. The leasehold interest in the apartment on a 101 year lease started from 21st March 1970 with a set ground rent of £25 per annum. I wish to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • We have been in discussion with our freeholder after having a valuation on our two bedroom first floor purpose built maisonette in Thamesmead. We have a 65 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • It says on your website the anticipated fee to extend a lease is £495. Is that the total cost excluding value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my garden flat in Thamesmead
  • I am the freeholder of a property in Thamesmead and a leaseholder has requested a lease extension. Her valuer has suggested a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • We know that others in the same building had already had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on on the prices by others . This would save on double valuation fees. Would you suggest this course of action?
  • I am currently in the process of remortgaging my one bedroom apartment in Thamesmead and the mortgage company that I am looking to move to needs a minimum 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around fivety seven years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Thamesmead