Lease Extensions in Wimbledon

Common questions relating to Wimbledon Lease Extensions

I own a property in Wimbledon and it has approximately 54 years residual lease term. I'd like to arrange a lease extension by twenty years

I want to buy a leasehold property and extend the lease. The current owner 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 purchased a garden flat located in Wimbledon with a leasehold unexpired of 76 years. I am curious about how much I will need to spend to extend my lease

I would like to have my residential flat leasehold extension premium assessed. The flat is in Wimbledon, and my lease will reach 60 years this April. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?

I am going to purchase a flat in Wimbledon. My offer is conditional upon a lease extension. The seller’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?

I am looking to either purchase the freehold or a lease extension of my property in Wimbledon and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Lloyds TSB Bank to free up equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease began in 1981 and since then the ground rent has been raised from £15.00 per annum to £125 per year.

I am a first time buyer of a leasehold flat in Wimbledon. The lease has only sixety six years balance left and ground rent is £95. Is it possible for the vendor to serve the Initial Notice and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the flat owner? Unfortunately it’s the case of an absent freeholder, so I am not sure how does it work.

I have a share of the freehold. There are four flats in the house. All the leaseholders are now requiring lease extensions. Are you able to assist us with this situation?

I am seeking advice as I am interested in a property that has only a sixety eight year lease and therefore requires a lease extension. Can I talk with someone to go through my options please?

I am planning on refinancing my one bed flat in Wimbledon and the new lender that I am looking to move to requires a minimum 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around seventy nine years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension

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