Questions and Answers: Lower Clapton Lease Extensions

  • I am considering investing in a holiday home but it has a lease that expires in 14 years. Its in Lower Clapton - I wanted to see if with your services it is possible for this to be extended?
  • I'm about to make an offer on a house in Lower Clapton 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 Bank of Scotland giving us the mortgage now?
  • I'm planning on purchasing a one bed flat (leasehold) but the freeholder has been absent for slightly more than 15yrs. My query is would it be less expensive to try to purchase the freehold or to extend lease and apply for right to manage?
  • I intend to buy a one bed flat in Lower Clapton for asking price of 156k, which has sixety four 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 landlord 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 the owner of a purpose-built apartment based in a large block in Lower Clapton. The leasehold interest in the flat on a ninety five year lease which commenced on 11th August 1969 with a set ground rent of £10 per annum. I wish to obtain a lease extension. Can I talk with someone to go through my options please?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety four years. I need a conveyancing practitioners at my end. Can you advise please? I live near Lower Clapton and have a mortgage with Accord Mortgages Ltd.
  • I am the freeholder of a Victorian property split into two flats. 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 61 years. What are my next steps?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the total cost including vat and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my two bedroom first floor purpose built flat in Lower Clapton
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Lower Clapton for a one bed flat - section 42 having been issued?
  • I know that others in the same block had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous prices . This would save on double valuation fees. Would you suggest such a course of action?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Lower Clapton