Lease Extensions in Erith

Top Ten Questions relating to Erith Lease Extensions

My name´s Luke. I’m house hunting in Erith I'm seeing a garden flat online, with about 61 years outstanding, how much does it cost on average to extend in this location by, say, 45 years?

I am about to put an offer in on a maisonette in Erith with a lease of 76 years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.

I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Erith, and would like some figures on that.

I am thinking about whether to purchase the freehold or a lease extension of my property in Erith and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Halifax to release of equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease commenced in 1981 and since then the ground rent has been raised from £25.00 per year to £200 per year.

My mortgage provider is requesting several hundred pounds for their to approve the lease extension deed for my flat in Erith... I am unable to find any mention of this in my mortgage guide... is this a normal cost that they charge?

We have a ground floor flat in Erith with sixety nine years remaining. Last year we were quoted a deal to grant a lease extension for another 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of about 10k. We have now decided to proceed but do we now have to start the negotiations again?

I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?

I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Erith. I would be grateful if you can give me a call when you get a chance to discuss the case.

I'm living with my mum and dad but have a one bedroom apartment in Erith let out which has a seventy three year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Erith for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?

I am the registered freeholder to two flats. Someone has the lease on the ground flat in Erith. I reside in the upper flat. I was reviewing the land registry documents today when I noticed that my flat is leasehold. There is seventy six years residual lease term. If I want to do a lease extension then would I just be paying for the fees?

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