Questions and Answers: Battlesbridge Lease Extensions

  • I’m thinking about a lease extension for our ground floor flat in Battlesbridge and we don't fully understand the letter that we got from our freehold company. How long will it take?
  • I am looking for a lease extension on the lease on my garden flat in Battlesbridge which will have 78 years unexpired lease in November. What fees do you charge for this?
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years balance left so a lease extension is not a concern. 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 true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any help would be much appreciated.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Battlesbridge, and my lease will reach 66 years this November. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I am a first time buyer of a leasehold flat in Battlesbridge. The lease has just 65 years remaining and ground rent is £50. Is it possible for the flat owner to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the flat owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how does it work.
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a 2 bed flat in Battlesbridge, where the lease is around 67 years but she was informed by the selling agents that the flat owner had extended it to 99 years. Only now has she been advised the flat owner was holding off for her to instruct solicitors before commencing with the lease extension. Seems odd to me, also it will take a while to sort it all out. What do you think?
  • My mortgage lender is requesting a £500 fee for their for a "deed of substituted security" for the lease extension for my flat in Battlesbridge... I am unable to find any mention of this in my mortgage literature... is this a normal charge?
  • I am looking to buy a one bed flat in Battlesbridge for asking price of 145k, which has 66 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am seeking advice as I am interested in a property that has only a seventy year lease and therefore requires a lease extension. Is it possible for me to talk with someone to discuss my options please?
  • I am planning to extend the lease on my 2 bed flat in Battlesbridge I am looking for help to verify 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.

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