Lease Extensions in Ingatestone

Ingatestone Lease Extensions: Q and A’s

My OH and I have just bought a garden flat based inIngatestone and I'm thinking about extending the lease as soon as I can e.g. after 24 months of ownership

I’m about to offer on a a property to buy in the Ingatestone area and was after more information on what the likely fees would be for a lease extension? It has 64 years left...

Hi, I just randomly found your website. I'm seeking prices on what it cost to extend a lease of a maisonette based in Ingatestone. It's on the market at the moment but has circa seventy eight years of unexpired leasehold

Is it possible to talk with you about a flat in Ingatestone, I am thinking of buying at auction in the next few days. 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.

Ref a leasehold in Ingatestone. upper maisonette. seventy five yrs remaining. I have an agreed lease extension to £20k for 115yrs. Freeholder also insisted on Initial Notice which I think is a bit over the top. Can you assist.

We are considering buying a one bedroom ground floor purpose built flat in Ingatestone which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?

I intend to buy a one bed flat in Ingatestone for asking price of 145k, which has sixety three years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

I am the owner of a purpose-built apartment based in a small development in Ingatestone. The leasehold interest in the apartment on a 99 year lease which commenced from 2nd March 1970 with a non-reviewable yearly rent of 35. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?

If a leaseholder owns a flat with a lease of less than 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 doing it?

My wife and I are aware that others in the same block had already had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation fees. Would you suggest such a course of action?

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