Common questions relating to Little Ilford Lease Extensions

  • My wife has a flat located in Little Ilford which we are about to put on the market. The leasehold has about 73 years balance left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
  • I'm planning to make an offer on a house in Little Ilford but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Alliance & Leicester giving us the mortgage now?
  • I own a maisonnette and the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • I own a three bedroom ground floor purpose built flat in Little Ilford. The lease started in 1991 for 99 years. Now I am wanting to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • Think I may have made an error, I am actually looking for a lawyers in Little Ilford who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • I bought a ground floor flat in Little Ilford. I am looking to extend lease on the property. It is slightly less than eighty one years. I would just like to know what your charges are and how long the process takes.
  • My mortgage provider is requesting a £450 fee for their conveyancing practitioners to agree a lease extension for my flat in Little Ilford... I can find no reference of this in my mortgage guide... is this a standard fee to pay?
  • My wife and I have a ground floor flat in Little Ilford with 73 years left. Ten months ago we were quoted a deal to have a lease extension for another 25 years but also increase ground rent from notional to a little more..plus a premium I think of approximately 10k. We have now decided to go ahead but do we now have to renegotiate?
  • I'm living with my mother and father but have a three bedroom first floor purpose built maisonette in Little Ilford let out which has a 57 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 Little Ilford 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 fiance are in the throws of buying a flat (a two bedroom second floor purpose built flat based inLittle Ilford with share of freehold). Throughout our search, we were always looking at flats that had at least 84 years remaining. We came across a flat we fell in love with and the selling agent promised us that the lease term was not an issue. Yesterday our conveyancing practitioners informed us the lease only has 76 years and therefore needs a lease extension. Should we run 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?
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    Lease Extensions in Little Ilford

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