Clapton Lease Extensions: Q and A’s

  • I bought a flat in Clapton with a leasehold unexpired just over 58 years and need a lease extension. Please can you clarify the next stages
  • I'm intending to make an offer on a house in Clapton but I'm concerned 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 Aldermore giving us the mortgage now?
  • I acquired a one bed flat located in Clapton with a leasehold unexpired of seventy years. I am enquiring about what it will cost me to extend my leasehold
  • I am going to purchase a flat based in Clapton. My offer is subject to the lease extension. The homeowner’s lawyers has served 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 Barclays . Moreover, which are the following lease extension steps to complete the purchase?
  • My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Me and my husband have been in discussion with our freeholder after having a valuation on our garden flat in Clapton. We have a 78 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my 2 bed flat in Clapton
  • I'm intent on buying an apartment in Clapton valued at £256,000 the flat has approaching sixety four years unexpired on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in August, hoping I'd have completed by now. They have just come back saying they are willing to reduce the price by£8k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • I require an estimate to extend my aunt’s lease on a one bedroom apartment in Clapton. She already has a figure from the freeholder for a lease extension but I am far from certain if it is too expensive.
  • Do you handle lease extensions on land? (a plot of land in Clapton with 82yrs remaining)
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    Lease Extensions in Clapton

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