Questions and Answers: Clayhall Lease Extensions

  • I am the registered owner of a two bedroom first floor purpose built flat based in Clayhall with a leasehold unexpired of sixety six years. I am curious about what it will cost me to extend my leasehold
  • I purchased a studio flat in Clayhall. The lease started in 1992 for 99 years. Now I am wanting to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • The intention is to sell our maisonette in Clayhall but we may need to extend the lease, or at least cover the expense of our buyers. Are you able to help me find a conveyancers to assist?
  • I need to talk to you about a leasehold property in Clayhall, I am thinking of bidding at auction in the next few days. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I am a landlord of a block of flats in Clayhall, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving funds within a month or so. How does the tax work, the property is in joint names with my wife ?
  • I am seeking advice as I am interested in a property that has only a 72 year lease and therefore requires a lease extension. Can I call someone to discuss my options please?
  • My partner and I have owned a leasehold flat for about fifteen years. It now has sixety years unexpired lease on the lease. Following a year of protracted negotiations through my lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
  • We have been in discussion with our freeholder after having a valuation on our three bed flat in Clayhall. We have a sixety year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount 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 the lease extension.
  • I am currently negotiating a lease extension for my flat in Clayhall 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?
  • Do you handle lease extensions on land? (a plot of land in Clayhall with 82yrs remaining)
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    Lease Extensions in Clayhall

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