Top Ten Questions relating to North East London Lease Extensions

  • My name´s Hunter. I’m house hunting in North East London I'm seeing a garden flat online, with around 67 years left, how much will it likely cost to get a lease extension by, say, fifty years?
  • Hi, I stumbled across this website. I'm looking for prices on what a lease extension will cost for a three bed apartment in North East London. It's on sale at the moment but has around 68 years left on the lease
  • I want to acquire a leasehold property and extend the lease. The owner 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 ?
  • I am about to put an offer in on a studio flat in North East London with a lease of sixety five years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am looking into the costs of carrying out a lease extension for my GFF in North East London, and would like some figures on that.
  • I am looking to either purchase the freehold or a lease extension of my property in North East London and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with Platform Home Loans Ltd to free up equity. My adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1979 and since then the ground rent has increased from £38.00 per annum to £200 per year.
  • Last year I purchased a leasehold flat in North East London. I have built a huge extension and have not informed my leaseholder. What are my options?
  • I am a landlord of a block of flats in North East London, and the tenants are in the process of being issued lease extensions. I should hopefully get funds next week. Are there any tax implications, the property is in joint names with my partner ?
  • My leasehold flat in North East London is up for sale and I have a hopefully firm offer. There is 82 years to run on the lease and I want to extend the lease. How much does it cost on average to get a lease extension by, say,twenty years
  • Just been over two years that I have owned my two bedroom ground floor purpose built maisonette in North East London. I have 55 yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners 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 financing - do they add it to their existing mortgage or pay it out in cash?
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    Lease Extensions in North East London

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