Upminster Lease Extensions: Q and A’s

  • We are looking for lease extension for our ground floor flat in Upminster and we are confused by the communication that we got from our freehold company. What's your legal fee?
  • I’m just looking for a one bedroom ground floor purpose built maisonette to purchase in the Upminster area and was interested in finding out what the likely fees would be to extend a lease? It has 72 years outstanding...
  • I want to buy a leasehold property and extend the lease. The current owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Upminster, and my lease will reach 58 years this April. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • My co-lessees and I are in a building comprising three flats in Upminster and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am a freeholder of a block of flats in Upminster, and the leaseholders are in the process of being granted lease extensions. I should hopefully get funds within a month or so. Are there any tax implications, the property is in joint names with my partner ?
  • I am the freeholder of a Georgian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy two years. What are my next steps?
  • I'm hoping for some advice with regard to a lease extension on my apartment. The plan is to do this in nine months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • We currently own a ground floor flat in Upminster and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 77 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?

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