Rochford Lease Extensions

Frequently asked questions relating to Rochford Lease Extensions

Me and my wife are thinking about a lease extension for our garden flat located in Rochford and we are confused by the letter that we got from our freehold company. Can you please help us with this situation?

So this is the scenario: I purchased a one bed flat in Rochford that I now cannot sell due to the lease requiring a lease extension. How long will it take ?

My partner has a flat located in Rochford which we have just put on the market. The leasehold has roughly 68 years remaining on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.

I invested in buying a property in Rochford and it has nearon 59 years residual lease term. I'd like to extend the lease period

I own a leasehold flat in the Rochford area and was wondering if I could get a lease extension. What are your processes and charges. Has 70 years unexpired

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 looking at bidding for an auction property and identified a one bed flat in Rochford. It only has a 50 year lease..the vendor as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Barclays Direct?

If a leaseholder 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 extending the lease?

Are you able to provide an estimate to extend my mum’s lease on a studio flat in Rochford. She already has a price from the landlord for a lease extension but I am not sure it is too expensive.

I'm looking for some advice with regard to a lease extension on my maisonette in Rochford. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good who specialises in lease extensions?

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