FAQs concerning Walworth Lease Extensions

  • My fiance and I are thinking about a lease extension for our leasehold house in Walworth and we don't fully comprehend the communication that we got from our landlord company. How long will it take?
  • 40k agreed with the landlord’s agents, just attempting to find a Walworth solicitors for a lease extension. Our lease has nearon 72 yearsremaining. What's your solicitors fee ?
  • I want to purchase a leasehold property and extend the lease. The seller has been there over 2 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 ?
  • We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any guidance would be much appreciated.
  • My mortgage provider requires a £500 fee for their lawyers for a "deed of substituted security" for the lease extension for my flat in Walworth... I am unable to find any reference of this in my mortgage booklet... is this a normal cost that they charge?
  • I have a share of the freehold. There are three apartments in the building. All the leaseholders are now requiring lease extensions. Are you willing to assist us with this situation?
  • I'm living with my mother and father but have a garden flat in Walworth let out which has a 59 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 Walworth 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 13k. Not sure sure whether to hold on or sell the flat?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Walworth for a three bed flat - sec 42 is already served?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Walworth
  • We have a garden flat in Walworth with a lease of seventy three years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Walworth

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