Rayleigh Lease Extensions

Examples of recent questions relating to Lease Extensions in Rayleigh

My name´s Aaron. I’m flat hunting in Rayleigh I'm deliberating offering on a maisonette online, with slightly less seventy four years outstanding, how much does it cost on average to get a lease extension by, say, twenty years?

My partner has a flat based in Rayleigh which we are about to put on the market. The leasehold has around seventy six years left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.

I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 73 years remaining.

I plan on buying a flat in Rayleigh. The offer is subject to the lease extension. The vendor’s has served the Notice of Claim. 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 National Westminster Bank. Moreover, which are the following lease extension steps to complete the purchase?

Is it possible to talk with you about a flat in Rayleigh, I am thinking of buying at auction next week. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.

I am a FTB of a leasehold flat in Rayleigh. The lease has just seventy six years left and ground rent is £75. Is it possible for the seller to serve the Notice of Claim and then assign this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year qualifying 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 flat owner? To add to the complexity the landlord is absent, so I am not sure how does it work.

I'm living with my mother and father but have a 2 bed flat in Rayleigh let out which has a 68 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Rayleigh for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?

I'm looking for some help with regard to a lease extension on my maisonette. I'll be looking to do this in nine months time as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?

My friend is aware that others in the same building previously had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on previous prices . This would save on double valuation fees. Is this advisable?

I have a lease of 60 years remaining on my flat in Rayleigh. 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?

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