Hornchurch Lease Extensions: Q and A’s

  • I’m about to offer on a three bedroom ground floor purpose built flat to buy in the Hornchurch area and was enquiring how much would it cost for a lease extension? It has 67 years residual lease term...
  • I am looking at investing in a second home but it has a lease that expires in 14 years. Its in Hornchurch - I wanted to see if with your services this could be extended?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy one years remaining.
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 798 years balance left so a lease extension is not an issue. 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 feedback would be much appreciated.
  • I bought a maisonette in Hornchurch with a leasehold unexpired of 57 years. I am curious about how much it will cost me to extend my leasehold
  • I plan on buying a flat located in Hornchurch. The offer is subject to the lease extension. The seller’s has given to the freeholder the Notice of Claim. 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 Barnsley Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I inherited a ground floor flat in Hornchurch. I am looking to extend lease on the property. It is roughly eighty years. I would just like to know what your charges are and how long the process takes.
  • Are you able to provide an estimate to extend my aunt’s lease on a garden flat in Hornchurch. She recently got a figure from the landlord for a lease extension but I am not sure it is too expensive.
  • I am currently in the process of refinancing my garden flat in Hornchurch and the next lender that I am looking to move to needs a minimum 85 years on the leasehold of my property in order for them to progress matters. We currently have around 68 years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • We currently own a garden flat in Hornchurch and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 76 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?

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