Lower Clapton Lease Extensions

Questions and Answers: Lower Clapton Lease Extensions

I inherited a flat in Lower Clapton with a leasehold unexpired nearly 75 years and need a lease extension. Please can you clarify the next steps

I am looking to extend the lease on my one bedroom apartment in Lower Clapton which will have 75 years unexpired lease in August. What fees apply?

I plan on buying a flat based in Lower Clapton. My offer is subject to the lease extension. The flat owner’s lawyers has served the Notice of Claim. 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 Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?

We are in a building comprising three flats in Lower Clapton and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I would like to know the likely financials and the best way to get a lease extension started? I have nearly sixety years unexpired lease and I own a garden flat in Lower Clapton.

My flat in Lower Clapton is up for sale and I have a hopefully firm offer. There is eighty one years unexpired on the lease and I want to extend the lease. What will it likely cost to extend in this location by, say,thirty years

I have a share of the freehold. There are four apartments in the building. All the leaseholders are now requiring lease extensions. Are you willing to help us with this situation?

I'm intent on purchasing an apartment in Lower Clapton valued at £210,000 the flat has approaching 58 years unexpired on the lease. I put in an offer subject to the lease being extended... .. that was back in September, expecting I'd have completed before Christmas. The owner has just informed the agent they'll reduce the price by£8k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea

I am the registered freeholder to two flats. Someone has the lease on the garden flat in Lower Clapton. I occupy in the upper flat. I was looking at the title deeds recently when I noticed that my flat has a lease on it. There is 70 years balance left. If I want to do a lease extension then would I just be paying for the conveyancing practitioners fees?

I have a lease of 75 years remaining on my flat in Lower Clapton. 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?

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