Sample questions relating to Upton Park Lease Extensions

  • I own a leasehold flat in the Upton Park area and was wondering whether I could get a lease extension. What are your processes and charges. Has 65 years outstanding
  • I am about to put an offer in on a ground floor flat in Upton Park with a lease of sixety one years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • 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?
  • We hope to sell our garden flat in Upton Park but we may need to extend the lease, or at least cover the expense of our purchaser. Can you suggest someone to handle this?
  • We are in a building of four flats in Upton Park and have been offered to buy the freehold for 8k 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 need to talk to you about a flat in Upton Park, I am considering bidding at auction next month. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.
  • I am a first time buyer of a leasehold flat in Upton Park. The lease has only seventy seven years remaining and ground rent is £25. Is it possible for the homeowner to serve the Section 42 Notice and then assign over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the homeowner? To add to the complexity the freeholder can not be found, so I am not sure how this will play out.
  • I am the freeholder of a Edwardian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 76 years. What are my next steps?
  • Just been over two years that I have been in my one bedroom first floor purpose built maisonette in Upton Park. I have 65 yrs remaining on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • My wife and I are hoping to purchase a home (a one bedroom apartment based inUpton Park with share of freehold). During our search, we were always looking at properties that had at least ninety years residual lease term. We found a flat we liked and the estate agent assured that the lease term was not an issue. This morning our conveyancing practitioners informed us the lease only has 55 years and thus requires a lease extension. Should we walk away, or do we reduce our offer?
  • Other Topics

    Lease Extensions in Upton Park

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