Common questions relating to Homerton Lease Extensions

  • I need to extend my current lease can you assist? I think it has 62 years unexpired
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Homerton, and my lease will reach seventy nine years this Septembmer. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I bought a studio flat in Homerton. The lease commenced in 1991 for 99 years. Now I am looking to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I'm looking for a flat to buy in Homerton and I'm not really familiar with the leasehold tenure. I've found a one bedroom apartment I like with a 87 years lease. I've read that I can go for a lease extension after 2 years, but:- Is this a given?
  • I own a share of the freehold. There are five apartments in the house. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
  • My husband and I are considering buying a one bedroom apartment in Homerton which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • I am in need of a lease extension for my flat in Homerton and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • If a leaseholder 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my 2 bed flat in Homerton
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    Lease Extensions in Homerton

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