Top Ten Questions relating to Redbridge Lease Extensions

  • I am looking for lease extension for our flat in Redbridge and we don't fully comprehend the letter that we got from our landlord company. What's your legal fee?
  • I own a leasehold flat in the Redbridge area and was wondering whether I could get a lease extension. What are your processes and charges. Has 79 years balance left
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Redbridge, and my lease will reach 73 years this July. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • Is it possible to talk with you about a flat in Redbridge, I am thinking of bidding at auction next week. The flat only has a few years left and I am curious about what it would cost to get a lease extension and for your services.
  • I will soon view a one bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 57 years balance left on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am a FTB of a leasehold flat in Redbridge. The lease has just 79 years balance left and ground rent is £50. Is it possible for the owner to serve the Section 42 Notice and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait 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 achievable but will it be very time consuming to the seller? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
  • Just been over two years that I have owned my one bed flat in Redbridge. I have 60 years unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my 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?
  • Are you able to provide an estimate to extend my mum’s lease on a three bed flat in Redbridge. She already has a price from the freeholder for a lease extension but I am far from certain if it is too high.
  • I am planning on refinancing my garden flat in Redbridge and the bank that I am looking to switch to requires a minimum 85 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around 59 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
  • I have seventy six years remaining on my lease of a ground floor flat in Redbridge, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

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