Top Ten Questions relating to Waltham Lease Extensions

  • I’m about to offer on a ground floor flat to buy in the Waltham area and was enquiring how much would it cost for a lease extension? It has fivety four years outstanding...
  • My partner has an apartment in Waltham which we are about to put on the market. The leasehold has about seventy four years outstanding on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Thank you.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I am about to view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has sixety nine years remaining on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • I am a freeholder of a block of flats in Waltham, and the lessees are in the process of being given lease extensions. I anticipate receiving funds next week. As I am not on self assessment do I contact the Inland Revenue ?
  • We have owned a leasehold flat for approximately twenty years. It now has 57 years left on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
  • If a leaseholder owns a flat with a lease of less than 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 extending the lease?
  • Me and my OH have been in discussion with our freeholder after having a valuation on our studio flat in Waltham. We have a fivety six year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure 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.
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Waltham. I live in the top flat. I was looking at the land registry documents recently when I noticed that my flat has a lease on it. There is fivety eight years outstanding. If I want to do a lease extension then would I simply be paying for the fees?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Waltham

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