FAQs concerning Seaforth Lease Extensions

  • I’m looking for lease extension for our garden flat in Seaforth and we are confused by the letter that we got from our landlord company. How long will it take?
  • Me and my husband have just completed on a three bed conversion flat based inSeaforth and I'm deliberating a lease extension as soon as possible e.g. after two years
  • I have shares in the freehold of buildings comprising of six flats each. 2 of the leaseholders want a lease extension and I'm wondering about the the process
  • I inherited a one bedroom apartment in Seaforth with a leasehold unexpired of 78 years. I am enquiring about what it will cost me to extend my lease term
  • 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 going to purchase a flat in Seaforth. My offer is conditional upon a lease extension. The vendor’s solicitors has given to the freeholder 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 Accord Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
  • I acquired a garden flat in Seaforth. I am looking to extend lease on the property. It is about 80 years. I would just like to know what your charges are and how long the process takes.
  • I am looking at acquiring an auction property and identified a studio flat in Seaforth. It has just fifty year lease..the current owner as mortgagees in possession will not want to mess around with negotiating 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 National Westminster Bank?
  • My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Seaforth
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    Lease Extensions in Seaforth

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