Common questions relating to Colchester Lease Extensions

  • I am the registered owner of a flat in Colchester with a leasehold unexpired nearon 72 years and need a lease extension. Please can you clarify the next steps
  • I just completed on a property in Colchester and it has circa seventy four years balance left. I'd like to extend the lease period
  • I want to acquire a leasehold property and lease extension. The owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking for a in Colchester and they should be on the Clydesdale approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
  • My neighbours and I are in a building of three flats in Colchester and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking to either purchase the freehold or a lease extension of my property in Colchester and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Accord Mortgages Ltd to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease began in 1991 and since then the ground rent has increased from £38.00 per annum to £300 per year.
  • What will it cost me and what is the best way to get a lease extension started? I have nearly fivety six years unexpired lease on my lease on a garden flat in Colchester. I have contacted the managing agents who act on behalf of the freeholder and they sent me the number for the valuer. I left a phone message for the valuer but I am not receiving any calls back.
  • Regarding a residence in Colchester. upper maisonette. fivety four yrs left. I have negotiated a lease extension price of £20k for 135yrs. Landlord also insisted on Section 42 Notice which I think is a tad over the top. Can you assist.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my one bed flat in Colchester
  • Me and my partner are in the throws of buying a flat (a garden flat based inColchester with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years left on the lease. We came across a flat we fell in love with and the estate agent promised us that the lease term was not an issue. Yesterday our informed us the lease only has seventy one years and thus needs a lease extension. Should we run away, or should we reduce our offer?

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