Purfleet Lease Extensions: Q and A’s

  • The terms for the lease on my apartment in Purfleet are 95 years from 12 Jan 1980. Can you provide me a quote for a lease extension if I give you more information please?
  • In 2012 I purchased a leasehold flat in Purfleet. I have built a huge extension and have not informed the leaseholder. What are my options?
  • I'm looking for an apartment to purchase in Purfleet and I'm not really familiar with the leasehold title. I've identified a maisonette I like with a 87 years lease. I've read that I can apply for a lease extension after a couple of years, but:- Should I anticipate any issue with the mortgage?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • I would like some guidance on purchasing a leasehold residence. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Purfleet area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around sixety eight years. I need a property lawyers at my end. Can you advise please? I live near Purfleet and have a mortgage with Nottingham Building Society.
  • Hello I own the freehold interest in a one bedroom flat in Purfleet. The leaseholder has a seventy seven year lease and would like to purchase an additional 125 years. He is offering me £27,000 but I am unsure if this is a correct amount
  • Me and my fiance are hoping to purchase a home (a maisonette based inPurfleet with share of freehold). During our search, we were always looking at flats that had at least eighty five years unexpired. We came across a apartment we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. This morning our conveyancing practitioners advised us the lease only has 72 years and thus needs a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I am currently negotiating a lease extension for my flat in Purfleet as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Purfleet
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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