Questions and Answers: Beckton Lease Extensions

  • Hi. I need a conveyancers to review my lease extension prior to it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
  • I am going to purchase a flat located in Beckton. The offer is subject to the lease extension. The owner’s solicitors has served the Section 42 Notice. 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 Clydesdale. Moreover, which are the following lease extension steps to complete the purchase?
  • My neighbours and I are in a block consisting of four flats in Beckton and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking to either purchase the freehold or a lease extension of my property in Beckton and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Halifax to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease began in 1979 and since then the ground rent has been raised from £15.00 per year to £300 per annum.
  • What will I need to spend and what is the best way to get a lease extension started? I have roughly 79 years left on my lease on a three bed flat in Beckton. I have emailed the agent who represent the freeholder and they gave me the number for the valuer. I left a phone message for the valuer but I am not receiving any returned calls.
  • My leasehold flat in Beckton is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want a lease extension. How much will it likely cost to get a lease extension by, say,ninety years
  • We have owned a leasehold flat for approximately twenty years. There are 58 years remaining on the lease. Following a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost including vat and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my maisonette in Beckton
  • Hello I am the freeholder title in a 3 bedroom flat in Beckton. The leaseholder has a sixety eight year lease and would like to purchase an additional 125 years. She is offering me £18,000 but I am unsure if this is in the right ballpark
  • I am planning on refinancing my maisonette in Beckton and the next lender that I am looking to move to needs at least 85 years on the leasehold of my property in order for them to progress matters. We currently have around 72 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
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    Lease Extensions in Beckton

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