Mersea Island Lease Extensions: Q and A’s

  • My OH and I are seeking a lease extension for our two bed flat in Mersea Island and we are confused by the letter that we got from our landlord company. How long will it take?
  • My name´s Rory. I’m property hunting in Mersea Island I'm thinking about offering on a one bed flat online, with slightly less seventy seven years remaining, how much will it likely cost to get a lease extension by, say, thirty years?
  • I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Mersea Island - I wanted to see if with your services this could be extended?
  • I have my suspicions that my daughter is being hoodwinked. She put in an offer on a one bedroom apartment in Mersea Island, where the lease is nearon seventy three years but she was informed by the selling agents that the owner had extended it to 125 years. Only now has she been advised the flat owner was waiting for her to retain lawyers ahead of instigating the lease extension. Seems underhand, also it will take months to sort it all out. Am I being too sceptical?
  • My partner and I have owned a leasehold flat for approximately eighteen years. There are 66 years unexpired lease on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
  • Me and my wife would like to know the cost of a lease extension valuation for a property based in Mersea Island. Would you be able to help?
  • Coming up to two years that I have owned my one bedroom first floor purpose built maisonette in Mersea Island. I have seventy one years left on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • It says on your website the likely fee to extend a lease is £495. Is that the total cost excluding value added tax and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my one bed flat in Mersea Island
  • I have a lease of 70 years remaining on my flat in Mersea Island. 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?
  • I'm looking for some advice with regard to a lease extension on my one bedroom ground floor purpose built flat in Mersea Island. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good who specialises in lease extensions?

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