Top Ten Questions relating to Hainault Lease Extensions

  • Hello. I need a conveyancing practitioners to have a look at my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
  • I own a maisonette in Hainault. The start date for the lease was in 2001 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?
  • We hope to sell our three bed flat in Hainault but we may need to extend the lease, or possibly cover the expense of our purchaser. Can you help me find a conveyancing practitioners to handle this?
  • Is it possible to talk with you about a flat in Hainault, I am thinking of buying at auction next week. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • My mortgage lender requires a £500 fee for their conveyancing practitioners to agree a lease extension for my flat in Hainault... I can find no mention of this in my mortgage contract... is this a standard cost that they charge?
  • We are considering buying a one bed flat in Hainault which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • We are looking to extend our lease. We will have been in the flat for two years as of 1st Feb 2016. It has nearon sixety nine years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • I am the freeholder of a Georgian 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 seventy one years. What are my next steps?
  • I'm living with my parents but have a 2 bed flat in Hainault 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 Hainault 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. Not sure sure whether to hold on or sell the flat?
  • My brother and I are purchasing a 2 bed flat in Hainault which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our conveyancing practitioners to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our lawyers 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 have to hold on until the new lease is registered?
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    Lease Extensions in Hainault

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