Walthamstow Lease Extensions: Q and A’s

  • I just completed on a property in Walthamstow and it has slightly more than fivety seven years residual lease term. I'd like to arrange a lease extension by twenty years
  • 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 928 years remaining so a lease extension is not a worry. 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
  • I have contacted my freeholder for a lease extension for my flat in Walthamstow. Her solicitors has been in contact with fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started Septembmer 1993.
  • I invested in buying a studio flat in Walthamstow. I am looking to extend lease 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 own a share of the freehold. There are three apartments in the house. All the leaseholders are now looking for lease extensions. Are you willing to assist us with this situation?
  • Offer accepted on a a three bed flat in Walthamstow, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.We are about to exchange contracts in a couple of days. My question is Should I tell the flat owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I'm living with my mother and father but have a garden flat in Walthamstow let out which has a 68 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Walthamstow for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • We are hoping to purchase a home (a ground floor flat inWalthamstow with share of freehold). During our search, we were always looking at flats that had at least 83 years left on the lease. We found a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. Today our conveyancing practitioners advised us the lease only has 54 years and therefore requires a lease extension. Do we walk away, or should 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?
  • We currently own a one bed flat in Walthamstow 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 56 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • I'm looking for some advice with regard to a lease extension on my 2 bed flat in Walthamstow. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good conveyancers who specialises in lease extensions?
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    Lease Extensions in Walthamstow

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