FAQs concerning Leytonstone Lease Extensions

  • We have just completed on a maisonette inLeytonstone and I'm thinking about a lease extension as soon as possible e.g. in 24 months of ownership
  • Hello, I stumbled upon your site. I'm seeking prices on what it cost to extend a lease of a a property located in Leytonstone. It's on sale at the moment but has just under sixety years of unexpired leasehold
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Leytonstone and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Halifax to release of equity. The adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease started in 1979 and since then the ground rent has increased from £38.00 per year to £100 per annum.
  • I am a first time buyer of a leasehold flat in Leytonstone. The lease has only seventy years unexpired and ground rent is £75. Is it possible for the current owner to serve the Section 42 Notice and then transfer this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the vendor? To add to the complexity the landlord can not be found, so I am not sure how this will play out.
  • My mortgage lender requires a £500 fee for their conveyancers to agree a lease extension for my flat in Leytonstone... I am unable to find any reference of this in my mortgage literature... is this a usual charge?
  • I am the owner of a purpose-built flat located in a large block in Leytonstone. The leasehold interest in the apartment on a ninety five year lease started from 21st October 1969 with a set ground rent of £25 per annum. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?
  • I am the freeholder of a Victorian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety eight years. What are my next steps?
  • Hello I am the freeholder title in a one bedroom flat in Leytonstone. The leaseholder has a 55 year lease and would like to purchase another 125 years. She is offering me £18,000 but I am unsure if this is in the right ballpark
  • I'm hoping for some assistance concerning a lease extension on my apartment. The intention is to do this next winter as we need 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?
  • I have a lease of 60 years remaining on my flat in Leytonstone. 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?
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    Lease Extensions in Leytonstone

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