Common questions relating to West Ewell Lease Extensions

  • Me and my wife have just bought a three bed conversion flat located inWest Ewell and I'm thinking about a lease extension as soon as practicable e.g. after 24 months of ownership
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 798 years residual lease term 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 help would be much appreciated.
  • I am about to view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 68 years unexpired on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I wondered if you could help me on the likely expense and the optimum way to start the lease extension process? I have about sixety years remaining and I own a three bed flat in West Ewell.
  • Regarding a property in West Ewell. upper maisonette. 75 yrs remaining. I have an agreed lease extension to £20k for 125yrs. Landlord also requested Initial Notice which I think is a bit over the top. Can you assist.
  • My brother and I are considering buying a one bedroom apartment in West Ewell which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • My husband and I are proceeding with a purchase of a three bedroom first floor purpose built maisonette in West Ewell. I was informed that the lease had been extended (58 years outstanding prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The flat owner apparently has a quote but no money to extend and consequently the flat owner wishes to exchange and use the my deposit for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I am hoping to extend the lease on my one bed flat in West Ewell I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I have a freehold of a 2 bedroom flat in West Ewell. The leaseholders have 56 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • We currently own a maisonette in West Ewell 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 seventy nine years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
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    Lease Extensions in West Ewell

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