FAQs concerning Rainham Kent Lease Extensions

  • My name´s Ben. I’m house hunting in Rainham Kent I'm seeing a one bedroom apartment online, with slightly less 55 years unexpired lease, how much does it cost on average to get a lease extension by, say, ninety years?
  • My wife has a flat located in Rainham Kent which we have just put on the market. The leasehold has nearly 71 years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • Hi. I need someone to review my lease extension before it's signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Rainham Kent, and my lease will reach sixety seven years this May. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I'm deliberating over buying a one bedroom apartment (leasehold) but the freeholder has been missing for slightly more than 15yrs. My query is would it be cheaper to try to purchase the reversionary title or to extend lease and apply for right to manage?
  • I am a FTB of a leasehold flat in Rainham Kent. The lease has only 63 years unexpired and ground rent is £25. Is it possible for the homeowner to serve the Notice of Claim and then transfer this right to me as the buyer on the day of completion so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the vendor? To add to the complexity the landlord is absent, so I am not sure how does it work.
  • I own a share of the freehold. There are four flats in the block. All the leaseholders are now looking for lease extensions. How long will take to get a lease extension?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I commence the process, is this correct?
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Rainham Kent. We have a fivety six year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
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    Lease Extensions in Rainham Kent

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