Common questions relating to Leytonstone Lease Extensions

  • I need to extend my existing lease can you assist? I think it has fivety eight years remaining
  • I am going to purchase a flat located in Leytonstone. The offer is conditional upon a lease extension. The owner’s solicitors has given to the freeholder the Section 42 Notice. 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 Leeds Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • Think I may have made a mistake, I am seeking a solicitors in Leytonstone who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
  • My mortgage lender is requesting a £500 fee for their conveyancing practitioners to agree a lease extension for my flat in Leytonstone... I am unable to find any reference of this in my mortgage contract... is this a standard cost that they charge?
  • I intend to buy a one bed flat in Leytonstone for asking price of 156k, which has sixety nine 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 the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Leytonstone. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If a leaseholder owns a flat with a lease of under 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?
  • I'm intent on buying an apartment in Leytonstone valued at £195,000 the flat has just under sixety six years remaining on the lease. I put in an offer conditional upon a lease extension... .. that was back in August, expecting I'd have moved in before Christmas. They have just informed the agent they'll knock £5k off if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • Me and my fiance are hoping to purchase a property (a ground floor flat located inLeytonstone with share of freehold). Throughout our search, we were always looking at flats that had a minimum ninety years residual lease term. We found a apartment we fell in love with and the selling agent assured that the lease term was not an issue. Today our conveyancing practitioners told us the lease only has seventy nine years and therefore needs a lease extension. Do we walk away, or do we negotiate our offer?
  • I'm looking for some help concerning extending the lease on my apartment. I'll be looking to do this in nine 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 LVT route. You are able to recommend a good conveyancers who specialises in lease extensions. Ideally someone in Leytonstone area?
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    Lease Extensions in Leytonstone

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