Questions and Answers: Walham Green Lease Extensions

  • I’m about to offer on a 2 bed flat to purchase in the Walham Green area and was interested in finding out what the likely fees would be to extend a lease? It has 69 years outstanding...
  • I invested in buying a flat in Walham Green with a leasehold unexpired just over 58 years and need a lease extension. Please can you advise me of the next steps
  • I'm planning to make an offer on a house in Walham Green but I'm concerned 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 Barnsley Building Society giving us the mortgage now?
  • I bought a studio flat in Walham Green. I am looking to extend lease on the property. It is circa eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • We bought a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Walham Green and are therefore considering the option of a vesting order. Is this something you can do for us?
  • Is it possible to talk with you about an apartment in Walham Green, I am thinking of buying at auction in the next few days. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
  • My brother and I have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Walham Green. We have a 59 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he 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 conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Me and my husband are acquiring a three bed flat in Walham Green which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The seller’s lawyer 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 property lawyers 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 conveyancers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
  • I am currently negotiating a lease extension for my flat in Walham Green 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?
  • Do you handle lease extensions on land? (a plot of land in Walham Green with 82yrs remaining)
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    Lease Extensions in Walham Green

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