Common questions relating to Purfleet Lease Extensions

  • I’m just looking for a three bed apartment to buy in the Purfleet area and was wondering what the likely fees would be to extend a lease? It has 71 years left...
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has fivety eight years remaining.
  • I am looking for a property lawyers in Purfleet and they need to be on the Lloyds TSB Bank approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend a lawyers ?
  • 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?
  • I am considering whether to purchase the freehold or a lease extension of my property in Purfleet and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Clydesdale to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease commenced in 1981 and since then the ground rent has increased from £15.00 per year to £200 per annum.
  • I am about to view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety one years residual lease term on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • My husband has a share of freehold, with two other leaseholders in a building in Purfleet. House split into three apartments. He has a lease, which has roughly 62 years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • We have owned a leasehold flat for about eighteen years. There are seventy eight years unexpired lease on the lease. Following a year of protracted negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
  • I am the freeholder of a Victorian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 56 years. What are my next steps?
  • I have a lease of seventy seven years remaining on my flat in Purfleet. 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?
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    Lease Extensions in Purfleet

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