Lease Extensions in Hackney

FAQs concerning Hackney Lease Extensions

I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has seventy six years left

I am going to purchase a flat in Hackney. My offer is subject to the lease extension. The homeowner’s has served the Section 42 Notice. 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 Barclays Direct. Moreover, which are the following lease extension steps to complete the purchase?

I am looking into the costs of carrying out a lease extension for my three bed flat in Hackney, and would like some figures on that.

I acquired a one bedroom apartment in Hackney. I am looking to extend lease on the property. It is around 80 years. I would just like to know what your charges are and how long it would take for completion.

My wife and I have a GFF in Hackney. There is 80 years remaining on the lease and we want to extend the lease. What will it likely cost to get a lease extension by, say,fifty years

I am the freeholder of a Edwardian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 62 years. What are my next steps?

I'm living at parents but have a garden flat in Hackney let out which has a 69 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 Hackney 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 21k. Should I keep or sell the flat?

My husband and I have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Hackney. We have a 64 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Hackney for a one bed flat - sec 42 having been issued?

I am currently negotiating a lease extension for my flat in Hackney as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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