Common questions relating to Manor Park Lease Extensions

  • I want to buy a leasehold property and lease extension. The seller has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Hello. I need someone to have a look at my lease extension before it's completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • I own a one bedroom apartment in Manor Park with a leasehold unexpired of sixety six years. I am curious about how much it will cost me to extend my lease term
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • How much will I need to spend and what is the best way to get a lease extension started? I have just over 57 years left on my lease on a one bedroom ground floor purpose built maisonette in Manor Park. I have contacted the managing agents who act on behalf of the landlord and they sent me the number for the valuer. I left a phone message for the surveyor but I am not getting any returned calls.
  • I am concerned that my daughter might be having the wool pulled over her eyes. She submitted an offer on a ground floor flat in Manor Park, where the lease is approximately fivety eight years but she was told by the selling agents that the seller had extended it to 125 years. Only now has she been informed the vendor was waiting for her to appoint lawyers ahead of instigating the lease extension. Seems devious, also it will take months to sort it all out. What do you think?
  • Regarding a property in Manor Park. lower maisonette. sixety four yrs left. I have negotiated a lease extension price of £12,000 for 115yrs. Freeholder also insisted on Initial Notice which I think is a tad over the top. Advice required.
  • I own a share of the freehold. There are three apartments in the house. All the leaseholders are now seeking lease extensions. What's your legal fee?
  • My father has a share of freehold, with two other leaseholders in a building in Manor Park. House divided into three apartments. He has a lease, which has roughly seventy six years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • I'm living with my mum and dad but have a studio flat in Manor Park let out which has a sixety eight 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 Manor Park 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?
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    Lease Extensions in Manor Park

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