Great Baddow Lease Extensions

Questions and Answers: Great Baddow Lease Extensions

I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 63 years balance left.

I acquired a studio flat based in Great Baddow with a leasehold unexpired of seventy four years. I am wondering about what I will need to spend to extend my lease

I bought a three bedroom first floor purpose built maisonette in Great Baddow. The start date for the lease was in 1997 for 99 years. Now I am looking to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?

I'm considering purchasing a maisonette (leasehold) but the freeholder has been missing for around 15yrs. My question is would it be less expensive to try to buy the freehold or to extend lease and apply for RTM?

The terms for the lease on my apartment in Great Baddow are 95 years from 12 Jan 1988. Can you give me a quote to extend the lease if I give you more information please?

I am deliberating whether to purchase the freehold or a lease extension of my property in Great Baddow and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with TSB to release of equity. My broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease commenced in 1991 and since then the ground rent has increased from £15.00 per year to £300 per annum.

I am the owner of a purpose-built flat based in a large development in Great Baddow. The leasehold interest in the flat on a 99 year lease started from 2nd March 1972 with a fixed ground rent of £10 per annum. I would like to obtain a lease extension. Is it possible for me to call someone to go through my options please?

I own the freehold reversion of a property in Great Baddow where the leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My surveyor has suggested a much higher amount. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to face?

My wife and I are aware that others in the same building previously had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on previous prices . This would save on double valuation charges. Would you recommend such a course of action?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Great Baddow

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