East Beckton Lease Extension - Your Legal Fees Calculator
Common questions relating to East Beckton Lease Extensions
I bought a one bed apartment in East Beckton that I now cannot sell as a result of the lease requiring a lease extension. How long will it take ?
I plan on buying a flat in East Beckton. My offer is subject to the lease extension. The seller’s lawyers 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 Britannia. Moreover, which are the following lease extension steps to complete the purchase?
What will I need to spend and what is the best way to get a lease extension started? I have nearon fivety six years remaining on my lease on a garden flat in East Beckton. I have contacted the managing agents who act on behalf of the head landlord and they sent me the number for the surveyor. I telephone the valuer but I am not getting any kind of reaction.
My mortgage lender requires a £500 fee for their solicitors to agree a lease extension for my flat in East Beckton... I can find no mention of this in my mortgage booklet... is this a standard charge?
If somebody 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?
Hello I am the freeholder title in a one bedroom flat in East Beckton. The leaseholder has a sixety three year lease and would like to purchase further 125 years. He is offering me £21,000 but I am unsure if this is in the right ballpark
I'm looking at purchasing an apartment in East Beckton valued at £195,000 the flat has something like 59 years remaining on the lease. I put in an offer subject to the lease being extended... .. that was back in September, expecting I'd be in before Christmas. The seller has just come back saying that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
We are in the throws of buying a flat (a 2 bed flat inEast Beckton with share of freehold). During our search, we were always looking at apartments that had a minimum 83 years left. We came across a apartment we fell in love with and the selling agent assured that the lease term was not an issue. Today our lawyers advised us the lease only has 60 years and thus requires a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
Do you handle lease extensions on land? (a plot of land in East Beckton with 82yrs remaining)
I'm looking for some advice with regard to a lease extension on my studio flat in East Beckton. I'll be looking to do this sometime next year as we need to move at some point 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. Can you recommend a good conveyancers who specialises in lease extensions?