Chafford Hundred Lease Extension - Your Legal Fees Calculator
Questions and Answers: Chafford Hundred Lease Extensions
Hi, I stumbled across your site. I'm seeking prices on what it cost to extend a lease of a ground floor flat based in Chafford Hundred. It's on sale at the moment but has around 56 years left on the lease
I am going to purchase a flat located in Chafford Hundred. The offer is conditional upon a lease extension. The current owner’s solicitors has given to the freeholder 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 Lloyds TSB Bank. Moreover, which are the following lease extension steps to complete the purchase?
The terms for the lease on my apartment in Chafford Hundred are 99 years from 1 Jan 1988. Please give me a quote to extend the lease if I give you more information please?
I need to talk to you about an apartment in Chafford Hundred, I am thinking of bidding at auction next week. The flat only has a few years unexpired lease and I was wondering about what it would cost to get a lease extension and for your services.
I am considering whether to purchase the freehold or a lease extension of my property in Chafford Hundred and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Barnsley Building Society to free up equity. The adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £38.00 per annum to £100 per annum.
I am concerned that my daughter is being hoodwinked. She submitted an offer on a garden flat in Chafford Hundred, where the lease is approximately seventy two years but she was told by the selling agents that the owner had extended it to 125 years. Only now has she been told the homeowner was waiting for her to appoint lawyers ahead of instigating the lease extension. Sounds underhand, also it will take a while to sort it all out. Am I reading too much into it?
We have a first floor flat in Chafford Hundred with seventy years remaining. Ten months ago we were quoted a deal to have a lease extension for another 25 years but also increase ground rent from notional to £200 per annum..plus a premium I think of approximately 10k. Finally we have decided to go ahead but do we now have to start the negotiations again?
I have a share of the freehold. There are three flats in the house. All the leaseholders are now requiring lease extensions. How long will take to get a lease extension?
Even though I may not need a lease extension but I do need a vesting order on a property I want to purchase in Chafford Hundred. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the garden area.
I am the freeholder of a property in Chafford Hundred where the leaseholder would like a lease extension. Her valuer has provided a figure of £8,000, but has increased this by £2,000 without too much effort. My surveyor has suggested a much higher premium. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?