Lease Extensions in Victoria Docks

Common questions relating to Victoria Docks Lease Extensions

My name´s Edward. I’m property hunting in Victoria Docks I'm seeing a ground floor flat online, with slightly less seventy one years unexpired lease, how much does it cost on average to get a lease extension by, say, 35 years?

I am about to put an offer in on a studio flat in Victoria Docks with a lease of seventy three years but unsure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.

I purchased a garden flat in Victoria Docks. The start date for the lease was in 2001 for 99 years. Now I am looking to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?

I'm considering buying a one bedroom second floor purpose built flat (leasehold) but the freeholder has been missing for nearly 15yrs. My question is would it be cheaper to try to purchase the freehold or to get a lease extension and apply for RTM?

My leasehold flat in Victoria Docks is up for sale and I have a hopefully firm offer. There is eighty one years remaining on the lease and I want to extend the lease. What will it likely cost to extend in this area by, say,25 years

I have a share of the freehold. There are three flats in the house. All the leaseholders are now requiring lease extensions. Are you willing to assist us with this situation?

My nephew has a share of freehold, with two other leaseholders in a building in Victoria Docks. House converted into three flats. He has a lease, which has approximately seventy five years outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

My wife and I would like to know the cost of a lease extension valuation for a property based in Victoria Docks. Would you be able to help?

If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?

We know that others in the same building previously had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on on the prices by others . This would save on double valuation charges. Would you recommend such a course of action?

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