Lease Extensions in Walworth

Frequently asked questions relating to Walworth Lease Extensions

I have shares in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want a lease extension and I'm enquiring about the the process

We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 899 years left so a lease extension is not a worry. 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 twenty years without owning the property. Any suggestions would be much appreciated.

I acquired a studio flat in Walworth. The start date for the lease was in 1991 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?

I am looking into the costs of carrying out a lease extension for my maisonette in Walworth, and would like some figures on that.

In 2012 I purchased a leasehold flat in Walworth. I have built a large extension and have not informed my leaseholder. What should I do?

I am looking at acquiring an auction property and identified a two bed flat in Walworth. It has just 49 year lease..the seller being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Halifax?

My fiance and I are considering purchasing a three bedroom first floor purpose built flat in Walworth which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?

My OH and I are buying a garden flat in Walworth which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we have to hold on pending registration of the new lease?

I am the registered freeholder to two flats. Someone has the lease on the ground flat in Walworth. I reside in the upper flat. I was looking at the land registry documents today when I noticed that my flat is leasehold. There is 74 years outstanding. Is it possible to do a lease extension without instructing a ?

I have seventy two years remaining on my lease of a ground floor flat in Walworth, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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