Frequently asked questions relating to Lower Clapton Lease Extensions

  • I think our property lawyers has advised us incorrectly concerning a lease extension and I want to find out how to go about making a formal complaint
  • I am the owner of a maisonnette together with the freehold title. My upstairs neighbours have asked for a lease extension what do I need to do?
  • I inherited a one bedroom apartment in Lower Clapton. The start date for the lease was in 1992 for 99 years. Now I am looking for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • My neighbours and I are in a block of four flats in Lower Clapton and have been offered to buy the freehold for £5000 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 am thinking about bidding for an auction property and came upon a studio flat in Lower Clapton. It only has a fifty-one year lease..the seller as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and decreased chance of obtaining a mortgage with Barnsley Building Society?
  • Regarding a residence in Lower Clapton. upper maisonette. seventy six yrs remaining. I have an agreed lease extension to £20k for 115yrs. Landlord also insisted on Section 42 Notice which I think should not be required. Can you assist.
  • We wish to extend our lease. We will have been in the apartment for 2 years as of 6th Jan 2015. It has nearon sixety three years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.
  • I own the freehold reversion of a property in Lower Clapton where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My surveyor has recommended a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?
  • We currently own a garden flat in Lower Clapton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 76 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Lower Clapton as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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