Common questions relating to Hackney Marshes Lease Extensions

  • Hello, I stumbled across your website. I'm seeking prices on what a lease extension will cost for a two bedroom first floor purpose built maisonette based in Hackney Marshes. It's on sale at the moment but has slightly more than fivety eight years left on the lease
  • I'm planning on purchasing a one bedroom apartment (leasehold) but the freeholder has been absent for approximately 15yrs. My query is would it be less expensive to try to purchase the freehold or to extend lease and apply for right to manage?
  • We acquired a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Hackney Marshes and looking to do a vesting order. Is this something you can help us with?
  • In 2010 I purchased a leasehold flat in Hackney Marshes. I have built a huge extension and have not informed the leaseholder. What are my options?
  • I'm looking for an apartment to buy in Hackney Marshes and I'm not really familiar with the leasehold arrangement. I've found a place I like with a 87 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • We are considering purchasing a garden flat in Hackney Marshes which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • I am the freeholder of a Victorian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety seven years. What are my next steps?
  • We have been in discussion with our freeholder after having a valuation on our maisonette in Hackney Marshes. We have a 62 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she 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 conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Me and my OH are acquiring a garden flat in Hackney Marshes which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our solicitors to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must be patient until the lease extension has actually been registered before completing.?
  • I am currently negotiating a lease extension for my flat in Hackney Marshes 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?

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