Recently asked questions relating to Wallington Lease Extensions

  • My name´s Austin. I’m flat hunting in Wallington I'm considering offering on a garden flat online, with roughly 56 years left, how much does it cost on average to get a lease extension by, say, ninety years?
  • I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Wallington - I wanted to see if with your services this could be extended?
  • I bought a garden flat based in Wallington with a leasehold unexpired of seventy seven years. I am wondering about how much I will need to spend to extend my lease term
  • I am looking to buy a maisonette in Wallington with a lease of 58 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • My mortgage lender is requesting a £500 fee for their to approve the lease extension deed for my flat in Wallington... I can find no reference of this in my mortgage booklet... is this a usual charge?
  • I am looking to buy a one bed flat in Wallington for asking price of 156k, which has 69 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 query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I an interested in finding out more about leasehold property buying. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Wallington area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Wallington. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • We currently own a one bedroom apartment in Wallington and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 65 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Wallington 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?

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