Recently asked questions relating to Elmers End Lease Extensions

  • I have an interest in the freehold of buildings comprising of 8 flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the the process
  • I want to purchase a leasehold property and extend the lease. The vendor has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Think I may have made a mistake, I am actually looking for a in Elmers End who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Elmers End and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Aldermore to free up equity. The adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £38.00 per year to £300 per year.
  • I am a first time buyer of a leasehold flat in Elmers End. The lease has only seventy three years remaining and ground rent is £95. Is it possible for the flat owner to serve the Initial Notice and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the seller? Unfortunately the freeholder can not be found, so I am not sure how does it work.
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She submitted an offer on a studio flat in Elmers End, where the lease is about 74 years but she was informed by the estate agents that the homeowner had extended it to 99 years. Only now has she been informed the homeowner was waiting for her to retain lawyers before commencing with the lease extension. Sounds underhand, also it may take months to sort it all out. What do you think?
  • We are considering buying a garden flat in Elmers End which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I an interested in finding out more about leasehold property buying. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Elmers End area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I have a leasehold property in Elmers End with 68 years left on the lease. I need a to help me get a lease extension. Can you assist?

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