Braintree Lease Extensions: Q and A’s

  • I’m about to offer on a garden flat to purchase in the Braintree area and was wondering what the likely fees would be to extend a lease? It has sixety five years outstanding...
  • I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leasehold owners want a lease extension and I'm wondering about the the process
  • I am looking at investing in a holiday home but it has a lease that expires in twenty years. Its in Braintree - I wanted to see if with your services this could be extended?
  • I'm wanting to make an offer on a house in Braintree but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Accord Mortgages Ltd giving us the mortgage now?
  • I invested in buying a maisonette located in Braintree with a leasehold unexpired of 66 years. I am wondering about what it will cost me to extend my lease term
  • The terms for the lease on my flat in Braintree are 101 years from 14 Dec 1990. Please supply me me a quote for a lease extension if I give you more specifics please?
  • We are the registered owners of a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Braintree and looking to do a vesting order. Is this something you can help us with?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 76 years. I need a at my end. Can you advise please? I live near Braintree and have a mortgage with Leeds Building Society.
  • Me and my sister are are hoping to complete on a studio flat in Braintree which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to wait until the lease extension has actually been registered before completing.?
  • I am currently negotiating a lease extension for my flat in Braintree as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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