Common questions relating to South Ockendon Lease Extensions

  • I agreed with the head landlord to a lease extension on our flat in South Ockendon, 9k for an extension by 90yrs. How long is the process ?
  • 40k agreed with the freeholder, just attempting to find a South Ockendon solicitors for a lease extension. Our flat has roughly 59 yrsunexpired lease. What's your solicitors fee ?
  • I own a leasehold flat in the South Ockendon area and was wondering if I could obtain a lease extension. What are your processes and charges. Has 73 years unexpired
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 69 years unexpired.
  • I'm looking for a flat to buy in South Ockendon and I'm not really familiar with the leasehold title. I've found a one bedroom ground floor purpose built flat I like with a 82 years lease. My research reveals that I can get a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
  • My mortgage lender is requesting several hundred pounds for their solicitors for a "deed of substituted security" for the lease extension for my flat in South Ockendon... I am unable to find any reference of this in my mortgage literature... is this a usual charge?
  • We have a residential flat in South Ockendon with sixety seven years unexpired. Last year we were quoted a deal to receive a lease extension for a further 25 years but also uplift the ground rent from notional to £250 per year..plus a premium I think of about 10k. We have now decided to move forward but do we now have to start the negotiations again?
  • I'm living with my mother and father but have a garden flat in South Ockendon let out which has a 67 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 South Ockendon 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 21k. Not sure sure whether to hold on or sell the flat?
  • I'm intent on buying an apartment in South Ockendon valued at £195,000 the flat has something like sixety six years remaining on the lease. My offer was subject to the lease being extended... .. that was back in June, expecting I'd be in by now. They have just informed me they are willing to knock £5k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • I have a lease of 60 years remaining on my flat in South Ockendon. 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?
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    Lease Extensions in South Ockendon

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