Frequently asked questions relating to Lee Lease Extensions
I have shares in the freehold of buildings comprising of 8 flats each. Two of the leaseholders want a lease extension and I'm enquiring about the procedure for this
I would like to have my residential flat leasehold extension premium assessed. The flat is in Lee, and my lease will reach sixety two years this November. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
I'm thinking of purchasing a maisonette (leasehold) but the landlord has been missing for roughly 15yrs. My query is would it be less expensive to try to acquire the freehold or to get a lease extension and apply for RTM?
I am looking to either purchase the freehold or a lease extension of my property in Lee and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Barclays to release of equity. The adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per annum to £125 per annum.
I'm looking for a flat to purchase in Lee and I'm not really familiar with the leasehold title. I've found a one bed flat I like with a 90 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
I am thinking about acquiring an auction property and came upon a studio flat in Lee. It has just fifty-one year lease..the current owner being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the expensive fee to extend the lease and decreased chance of getting a mortgage with Platform Home Loans Ltd?
My leasehold flat in Lee is up for sale and I have a hopefully firm offer. There is eighty one years to run on the lease and I want to extend the lease. How much will it likely cost to get a lease extension by, say,45 years
I'm intent on acquiring a flat in Lee at a price of £210,000 the flat has just under 57 years left on the lease. My offer was subject to a lease extension... .. that was back in November, hoping I'd have moved in by now. They have just come back saying that they are prepared to knock £4k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
Do you handle lease extensions on land? (a plot of land in Lee with 82yrs remaining)
I have a lease of 76 years remaining on my flat in Lee. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Lee