Examples of recent questions relating to Lease Extensions in Colchester

  • My husband and I have just acquired a garden flat based inColchester and I'm deliberating a lease extension as soon as possible e.g. in a couple of years
  • I acquired a 2 bed flat based in Colchester with a leasehold unexpired of 75 years. I am curious about what I will need to spend to extend my leasehold
  • I plan on buying a flat based in Colchester. The offer is subject to the lease extension. The flat owner’s has given to the freeholder the Notice of Claim. 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 Godiva Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
  • I need to talk to you about a flat in Colchester, I am considering buying at auction next week. The flat only has a few years outstanding and I am curious about what it would cost to get a lease extension and for your services.
  • Me and my husband had entered into buying a ground floor flat in Colchester. I was assured that the lease had been lengthened (77 years outstanding prior to extension). The description on the listing stated "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The homeowner supposedly has a quote but no money to extend as a result the owner wants to exchange and use the deposit monies to extend the lease. My question is is it not odd that my failed to pick this up far earlier than just before exchange?
  • If a leaseholder 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 Colchester where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this to £10,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to face?
  • I'm seeking some help concerning a lease extension on my maisonette. The plan is to do this next winter as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. You are able to recommend a good who specialises in lease extensions. Ideally nearby in Colchester?
  • I am planning on refinancing my studio flat in Colchester and the mortgage company that I am looking to switch to needs a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around sixety eight years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Colchester

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