FAQs concerning Stechford Lease Extensions

  • My partner has a flat located in Stechford which we are about to put on the market. The leasehold has approximately 72 years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I own a property in Stechford and it has about 60 years left. I'd like to arrange a lease extension by twenty years
  • I own a maisonnette and the freehold reversion. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • I need to talk to you about a flat in Stechford, I am thinking of buying at auction next week. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I'm looking for an apartment to buy in Stechford and I'm not really familiar with the leasehold arrangement. I've found a ground floor flat I like with a 91 years lease. I've read that I can get a lease extension after a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I am about to view a one bedroom apartment, although not exactly my dream 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 73 years residual lease term on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • We have a GFF based in Stechford. There is 81 years left on the lease and we want to extend the lease. What will it likely cost to get a lease extension by, say,ninety years
  • I'm living at mum and dad but have a ground floor flat in Stechford let out which has a seventy one 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 Stechford 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 19k. Not sure sure whether to hold on or sell the flat?
  • I'm looking at acquiring an apartment in Stechford at a price of £195,000 the flat has something like seventy one years unexpired on the lease. My offer was conditional upon the lease being extended... .. that was back in June, hoping I'd have completed by now. The owner has just come back saying that they are prepared to reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • Me and my wife are are hoping to complete on a two bedroom ground floor purpose built flat in Stechford which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced extending the lease. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our property lawyers to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we have to hold on until the lease extension has actually been registered before completing.?
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    Lease Extensions in Stechford

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