Top Ten Questions relating to Wallington Lease Extensions

  • I want to acquire a leasehold property and extend the lease. 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 own a ground floor flat located in Wallington with a leasehold unexpired of 70 years. I am wondering about what I will need to spend to extend my lease
  • I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 73 years left on the lease. It is also a repossession so I'm assuming that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am looking for advice as I am interested in a property that has only a seventy one year lease and therefore requires a lease extension. Is it possible for me to call someone to go through my options please?
  • Me and my sister would like to know the cost of a lease extension valuation for a property based in Wallington. Is this something you can help us with?
  • I do not need a lease extension but I do need a vesting order on a property I want to purchase in Wallington. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
  • I have a freehold of a three bedroom flat in Wallington. The leaseholders have 58 years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • I am currently in the process of refinancing my one bedroom apartment in Wallington and the bank that I am looking to switch to requires at least 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 63 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
  • 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Wallington
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    Lease Extensions in Wallington

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