Lease Extensions in Tilbury

Tilbury Lease Extensions: Q and A’s

We have just purchased a garden flat inTilbury and I'm deliberating extending the lease as soon as practicable e.g. in a couple of years

I plan on buying a flat based in Tilbury. The offer is conditional upon a lease extension. The flat owner’s has given to the freeholder the Section 42 Notice. 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 Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?

Re a residence in Tilbury. upper maisonette. 76 yrs unexpired. I have an agreed lease extension to £14k for 135yrs. Freeholder also requested Notice of Claim which I think is a tad over the top. Advice required.

My partner and I would like to know the cost of a lease extension valuation for a property based in Tilbury. Is this something you can assist us with?

I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Tilbury. I would be grateful if you can give me a call when you get a chance to discuss the case.

We have been in discussion with our freeholder after having a valuation on our garden flat in Tilbury. We have a 69 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

Just a quick one, how much is the premium payable for a lease extension on a residential property in Tilbury for a two bed flat - section 42 is already in place?

I am currently negotiating a lease extension for my flat in Tilbury as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my 2 bed flat in Tilbury

We have a ground floor flat in Tilbury with a lease of 77 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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