Sample questions relating to Dockland Settlement Lease Extensions

  • I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has 77 years balance left
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I'm planning on buying a maisonette (leasehold) but the landlord has been absent for nearly 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to get a lease extension and apply for RTM?
  • I am looking into the costs of carrying out a lease extension for my first floor flat in Dockland Settlement, and would like some figures on that.
  • I am looking at acquiring an auction property and found a studio flat in Dockland Settlement. It only has a fifty year lease..the seller being mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and decreased chance of obtaining a mortgage with TSB?
  • I would like some guidance on purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Dockland Settlement area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • If a leaseholder owns a flat with a lease of less than 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 doing it?
  • I have a freehold of a one bedroom flat in Dockland Settlement. The leaseholders have fivety four years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I own the freehold reversion of a property in Dockland Settlement and a leaseholder would like a lease extension. Her valuer has suggested a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My valuer has suggested a much higher amount. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
  • I'm hoping for some assistance concerning a lease extension on my flat. I'll be looking to do this in nine months time 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. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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