Top Ten Questions relating to Tooting Lease Extensions

  • My name´s Jonathan. I’m property hunting in Tooting I'm thinking about offering on a garden flat online, with slightly more fivety four years outstanding, how much will it likely cost to get a lease extension by, say, fifty years?
  • I own a leasehold flat in the Tooting area and was curious if I could get a lease extension. What are your processes and fees. There are seventy five years residual lease term
  • I want to buy a leasehold property and lease extension. The vendor has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am a freeholder of a block of flats in Tooting, and the lessees are in the process of being granted lease extensions. I should hopefully get the money within a month or so. As I am not on self assessment do I contact the Inland Revenue ?
  • We are proceeding with buying a garden flat in Tooting. I was advised by the EA that the lease extension had already been completed while on a viewing (60 years outstanding prior to extension). The description on the listing stated "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The current owner supposedly has a quote but no funds to extend and consequently the flat owner wants to exchange and use the deposit monies for the lease extension. My question is how is possible that the estate agent got it so wrong?
  • 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 64 years. I need a property lawyers at my end. Can you advise please? I live near Tooting and have a mortgage with Norwich and Peterborough Building Society.
  • I'm living with my mum and dad but have a maisonette in Tooting let out which has a 56 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 Tooting 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'm hoping for some advice with regard to extending the lease on my maisonette. I'll be looking to do this in nine months time 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?
  • Are you able to provide an estimate to extend my mum’s lease on a garden flat in Tooting. She recently got a price from the freeholder for a lease extension but I am not sure it is reasonable.
  • We have a one bedroom apartment in Tooting with a lease of 77 years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Tooting

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