Top Ten Questions relating to Chafford Hundred Lease Extensions

  • So this is the scenario: I acquired a maisonette in Chafford Hundred that I now cannot sell due to the lease needing a lease extension. Can you please help me with this situation ?
  • I’m just looking for a maisonette to purchase in the Chafford Hundred area and was curious how much would it cost to extend a lease? It has 55 years outstanding...
  • I am the owner of a maisonnette together with the freehold reversion. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • I acquired a garden flat in Chafford Hundred. I am looking to extend lease on the property. It is around eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • Me and my sister are proceeding with buying a one bedroom ground floor purpose built flat in Chafford Hundred. I was advised by the EA that the lease extension had already been completed while on a viewing (seventy four years remaining prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The flat owner apparently has a quote but no money to extend as a result the flat owner wants to exchange and use the my deposit to extend the lease. My question is why has this only just been brought to my attention by my solicitors?
  • I an interested in finding out more about leasehold property buying. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Chafford Hundred area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Chafford Hundred. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm living with my mother and father but have a garden flat in Chafford Hundred let out which has a 58 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Chafford Hundred for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I am the freeholder of a property in Chafford Hundred and a leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has upped this to £10,000 without too much effort. My valuer has put forward a much higher amount. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
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    Lease Extensions in Chafford Hundred

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