Newham Lease Extensions

Recently asked questions relating to Newham Lease Extensions

I have an interest in the freehold of buildings comprising of seven flats each. Two of the leaseholders want a lease extension and I'm wondering about the the process

I am looking for a lease extension on the lease on my maisonette in Newham which will have 66 years outstanding in June. What fees apply?

I own a maisonnette and the freehold. The owners of the downstairs flat have asked for a lease extension what do I need to do?

I purchased a one bedroom apartment in Newham. The start date for the lease was in 1998 for 99 years. Now I am wanting for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?

I plan on buying a flat located in Newham. My offer is subject to the lease extension. The homeowner’s has served the Section 42 Notice. 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 Platform Home Loans Ltd. Moreover, which are the following lease extension steps to complete the purchase?

I am considering whether to purchase the freehold or a lease extension of my property in Newham and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Chelsea Building Society to release of equity. My adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease began in 1991 and since then the ground rent has been raised from £25.00 per annum to £300 per year.

I am about to view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 58 years unexpired on the lease. It is also a repossession so I'm guessing that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?

We have owned a leasehold flat for about fifteen years. It now has 64 years remaining on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.

I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Newham. I would be grateful if you can give me a call when you get a chance to discuss the case.

My daughter is worried about obtaining a lease extension from tricky freeholder. Notwithstanding that the correct procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £300 doubling every twenty years of the new lease. Can you help?

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