Examples of recent questions relating to Lease Extensions in Clacton On Sea

  • My husband agreed with the freeholder to a lease extension on our flat in Clacton On Sea, 11k for an extension by 90yrs. How long is the process ?
  • I am looking for a property lawyers in Clacton On Sea and they need to be on the Yorkshire Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Are you able to recommend a conveyancers ?
  • I am looking into the costs of carrying out a lease extension for my two bedroom first floor purpose built flat in Clacton On Sea, and would like some figures on that.
  • I bought a garden flat in Clacton On Sea. I am looking to extend lease on the property. It is nearly eighty one years. I would just like to know what your charges are and how long the process takes.
  • I am looking at buying an auction property and found a studio flat in Clacton On Sea. It has just 48 year lease..the current owner 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 decreased chance of obtaining a mortgage with HSBC Bank?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the total cost including value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my two bedroom second floor purpose built flat in Clacton On Sea
  • We are acquiring a ground floor flat in Clacton On Sea which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our property lawyers to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must be patient until the new lease is registered?
  • My OH and I are in the throws of buying a flat (a garden flat inClacton On Sea with share of freehold). Throughout our search, we were always looking at properties that had a minimum ninety years residual lease term. We found a place we fell in love with and the selling agent promised us that the lease term was not an issue. Yesterday our conveyancing practitioners told us the lease only has 61 years and therefore needs a lease extension. Do we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I have a lease of sixety nine years remaining on my flat in Clacton On Sea. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Clacton On Sea

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