Recently asked questions relating to Leyton Lease Extensions

  • My name´s Zachary. I’m flat hunting in Leyton I'm considering offering on a three bedroom second floor purpose built flat online, with nearly 57 years left, how much does it cost on average to extend in this area by, say, ninety years?
  • I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leaseholders want a lease extension and I'm wondering about the procedure for this
  • Me and my fiance are considering purchasing a garden flat in Leyton which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
  • I am the freeholder of a Victorian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 62 years. What are my next steps?
  • I'm living with my mother and father but have a garden flat in Leyton let out which has a 61 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Leyton for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • Me and my husband are hoping to buy a flat (a one bed flat based inLeyton with share of freehold). During our search, we were always looking at flats that had a minimum ninety years remaining. We found a apartment we fell in love with and the estate agent promised us that the lease term was not an issue. Today our advised us the lease only has sixety eight years and thus needs a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I'm looking for some assistance concerning extending the lease on my flat. I'll be looking to do this in six months time as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • We currently own a studio flat in Leyton 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 sixety one 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. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bed flat in Leyton
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