Tiptree Lease Extensions

Frequently asked questions relating to Tiptree Lease Extensions

I bought a studio flat in Tiptree with a leasehold unexpired of 66 years. I am enquiring about how much it will cost me to extend my lease term

I am about to view a one bedroom flat, 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 fivety seven years outstanding on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

I have my suspicions that my niece is being hoodwinked. She put in an offer on a ground floor flat in Tiptree, where the lease is about sixety seven years but she was advised by the selling agents that the flat owner had extended it to 99 years. She has now been advised the seller was holding off for her to appoint lawyers ahead of instigating the lease extension. Sounds unscrupulous, also it will take months to sort it all out. What do you think?

I am looking at buying an auction property and found a studio flat in Tiptree. It has just 48 year lease..the current owner being mortgagees in possession dont want to mess around with negotiating a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and decreased chance of getting a mortgage with Britannia?

I own a purpose-built apartment based in a large block in Tiptree. The leasehold interest in the flat on a 99 year lease started on 1 October 1980 with a non-reviewable yearly rent of 35. I wish to obtain a lease extension. Is it possible for me to call someone to go through my options please?

Me and my sister are acquiring a garden flat in Tiptree which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must wait until the new lease is registered?

My and my partner are worried about seeking a lease extension from a difficult landlord. Even though the legal procedures were adhered to under the appropriate legislation, the freeholder still tried to get ground rent of £250 doubling every twenty five years of the new term. Can you assist?

I have 60 years remaining on my lease of a ground floor flat in Tiptree, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

I am currently negotiating a lease extension for my flat in Tiptree 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?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Tiptree

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