Frequently asked questions relating to Rochford Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. Two of the leasehold owners want a lease extension and I'm curious about the the process
  • I need to extend my current lease can you help me with that? I think it has fivety seven years balance left
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 63 years remaining.
  • The terms for the lease on my apartment in Rochford are 99 years from 10 Feb 1980. Please provide me a quote for a lease extension if I give you more details please?
  • I'm looking for an apartment to buy in Rochford and I'm not really familiar with the leasehold concept. I've found a place I like with a 82 years lease. My research reveals that I can apply for a lease extension having owned the property for 2 years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • I own a share of the freehold. There are three apartments in the block. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
  • We would like to extend our lease. We will have been in the property for 2 years as of 13th Feb 2016. It has around 58 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • I am looking to buy a one bed flat in Rochford for asking price of 156k, which has 70 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • We have owned a leasehold flat for approximately twenty years. There are 60 years left on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
  • I'm intent on acquiring a flat in Rochford valued at £256,000 the flat has something like 69 years unexpired on the lease. My offer was conditional upon a lease extension... .. that was back in August, hoping I'd have completed before Christmas. They have just come back saying they'll knock £3k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea

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