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survey for lease extension

1socrates1
1socrates1 Posts: 375 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
edited 12 September 2018 at 2:42AM in House buying, renting & selling
I am in the process of applying for a lease extension. I am curious how long on average it takes for the survey to take (the appointment itself, not the compilation of the survey later). I will be meeting with the surveyor at my flat this Thursday. Also what sort of questions might he ask of me, so I can be prepared with any needed info.

Thanks

Comments

  • eddddy
    eddddy Posts: 18,685 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The last one I had took about 15 or 20 minutes.

    If the valuer is thorough, he/she should value the flat as though it was in the condition it was when the lease was first granted (maybe 20 or more years ago).

    So you could tell him/her what improvements have been done since then - e.g. Central Heating installed, upgraded kitchen, upgraded bathroom etc

    And the valuer should value the flat as though those improvements have not been made. (But not all valuers are that diligent.)
  • Thanks, I had to prepay and am now dealing with the junior surveyor. In the confirmation email he got my address wrong (number of flat), which I quickly correctly. I just hope it goes smoothly.
  • Tom99
    Tom99 Posts: 5,371 Forumite
    1,000 Posts Second Anniversary
    Ask him for a copy of his calculations as well as the final valuation figures.
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