Hockley Lease Extension - Your Legal Fees Calculator
Common questions relating to Hockley Lease Extensions
Hi, I just randomly found this site. I'm seeking prices on what it cost to extend a lease of a one bedroom ground floor purpose built flat located in Hockley. It's up for sale at the moment but has around seventy years of unexpired leasehold
I own a leasehold flat in the Hockley area and was wondering if I could obtain a lease extension. What are your processes and fees. Has 78 years residual lease term
We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 928 years left so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any advice would be much appreciated.
I purchased a studio flat in Hockley with a leasehold unexpired of fivety four years. I am curious about how much I will need to spend to extend my leasehold
I'm looking for a flat to buy in Hockley and I'm not really familiar with the leasehold concept. I've found a ground floor flat I like with a 91 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Is this a given?
I own a share of the freehold. There are four flats in the house. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
My partner and I are proceeding with a purchase of a three bed flat in Hockley. I was advised by the EA that the lease extension had already been completed while on a viewing (59 years outstanding prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The current owner supposedly has a quote but no money to extend and consequently the current owner wishes to exchange and use the deposit monies for the lease extension. My question is is it not odd that my conveyancers didn't spot this far earlier than just before exchange?
My fiance and I have owned a leasehold flat for about fifteen years. It now has seventy years unexpired lease on the lease. After a year of protracted negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would welcome advice.
If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
Do you handle lease extensions on land? (a plot of land in Hockley with 82yrs remaining)