Lease Extensions in Ilford

Recently asked questions relating to Ilford Lease Extensions

Me and my partner are seeking a lease extension for our two bed flat in Ilford and we don't fully understand the communication that we received from our landlord company. What's your solicitors fee?

My wife has an apartment located in Ilford which we have just put on the market. The leasehold has about seventy seven years left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.

I am looking to extend the lease on my garden flat in Ilford which will have 77 years left in January. What fees apply?

We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not required. 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 owning the property. Any guidance would be much appreciated.

I am going to purchase a flat based in Ilford. My offer is subject to the lease extension. The homeowner’s has served 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 The Royal Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?

I will soon view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 65 years unexpired on the lease. It is also a repo so I'm assuming that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

My mortgage provider is requesting several hundred pounds for their to approve the lease extension deed for my flat in Ilford... I can find no mention of this in my mortgage booklet... is this a standard cost that they charge?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

I would like some guidance on purchasing a leasehold residence. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Ilford area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?

I own the freehold of a one bedroom flat in Ilford. The leaseholders have seventy six years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?

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