Decision details

The Council is the freehold owner of a 18 Sturt Court Merrow Guildford Surrey GU4 7HF which is let on an equity share basis. Equity share lessee’s do not have a statutory right to extend the term of the lease, but the Council has a voluntary scheme in place to enable this to happen. The current lessee has applied to the Council to extend the term of the lease of the property as the term is currently at a point where it would make it difficult for purchasers to obtain a mortgage. The new lease will be granted for an additional term of 90 years on top of the unexpired term of the lease, and on the same terms as the existing lease, including the rent payable for the share owned by the Council.


The consideration for a new lease is determined by valuers on the same basis as a lease extension under the relevant statutory legislation.. The lessee will be required to pay all of the Council’s legal and surveyors costs.

To enable the lessee to sell on the open market.

None'.

Council’s constitution 09/08/2024 – 3.1.10

To determine any leasehold applications including for lease extensions, grants, renewals, variations, sub-letting and change of use in respect of property within the Housing Revenue Account