Billericay Lease Extensions: Q and A’s

  • My name´s Caleb. I’m house hunting in Billericay I'm seeing a maisonette online, with approximately sixety years outstanding, how much does it cost on average to extend in this location by, say, 35 years?
  • I bought a flat in Billericay with a leasehold unexpired slightly more than 56 years and need to extend it. Please can you clarify the next stages
  • I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Billericay - I wanted to see if with your services it is possible for this to be extended?
  • Do you only advise on lease extensions in Billericay? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a solicitors.
  • I am a landlord of a block of flats in Billericay, and the tenants are in the process of being granted lease extensions. I anticipate receiving the money next month. As I am not on self assessment do I contact the tax man ?
  • I am looking at buying an auction property and found a studio flat in Billericay. It only has a 50 year lease..the vendor as mortgagees in possession dont want to mess around with applying for a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Barclays Direct?
  • My partner and I have a first floor flat in Billericay with 78 years remaining. Last year we were quoted a deal to grant a lease extension for another thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 9k. We have now decided to move forward but do we now have to renegotiate?
  • My husband and I are proceeding with buying a maisonette in Billericay. I was advised by the EA that the lease extension had already been completed while on a viewing (75 years outstanding prior to extension). The sales particulars stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The homeowner supposedly has a quote but no finances to extend as a result the owner intends to exchange and use the my deposit for the lease extension. My question is how is possible that the estate agent got it so wrong?
  • Coming up to two years that I have been in my garden flat in Billericay. I have sixety one years unexpired lease on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • I am planning on refinancing my one bedroom apartment in Billericay and the bank that I am looking to move to requires a minimum 85 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around seventy eight years on the leasehold so require some advice, guidance, and some quotes to set the wheels in motion for a lease extension
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    Lease Extensions in Billericay

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