Top Ten Questions relating to Waltham Lease Extensions

  • I agreed with the head landlord to a lease extension on our flat in Waltham, 17k for an extension by 90yrs. How long will it take ?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 74 years balance left.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Waltham, and my lease will reach 55 years this October. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • We hope to sell our ground floor flat in Waltham but we may need to extend the lease, or possibly cover the costs of our buyers. Are you able to recommend a lawyers to assist?
  • We are in a block made up five flats in Waltham and have been offered to buy the freehold for £5000 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 invested in buying a garden flat in Waltham. I am looking for a lease extension on the property. It is just over 80 years. I would just like to know what your charges are and how long it would take for completion.
  • I have a leasehold flat in Waltham. I have built a large extension and have not informed my freeholder. What should I do?
  • My fiance and I are proceeding with a purchase of a one bedroom apartment in Waltham. I was advised that the lease had been lengthened (fivety seven years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The seller supposedly has a quote but no finances to extend as a result the seller intends to exchange and use the deposit monies to extend the lease. My question is as the lease hasn't been extended is there not a danger that Barclays Direct won't lend on a lease?
  • Me and my sister are hoping to buy a property (a garden flat inWaltham with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 83 years unexpired. We came across a place we fell in love with and the estate agent assured that the lease term was not an issue. Today our property lawyers advised us the lease only has 69 years and thus requires a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I have a lease of 59 years remaining on my flat in Waltham. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Waltham

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