Common questions relating to Walton on the Naze Lease Extensions

  • 40k agreed with the freeholder, just trying to find a Walton on the Naze for a lease extension. Our flat has about 67 yearsremaining. What's your solicitors fee ?
  • I am looking at investing in a holiday home but it has a lease that expires in fifteen years. Its in Walton on the Naze - I wanted to see if with your services this could be extended?
  • I bought a two bedroom second floor purpose built flat in Walton on the Naze. I am looking to extend lease on the property. It is nearly eighty 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 five apartments in the block. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
  • We wish to extend our lease. We will have been in the apartment for 2 years as of 6th March 2015. It has circa 57 years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as possible.
  • I intend to buy a one bed flat in Walton on the Naze for asking price of 145k, which has seventy one years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm living at mum and dad but have a maisonette in Walton on the Naze let out which has a 62 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 Walton on the Naze 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 21k. Should I keep or sell the flat?
  • I'm looking at acquiring an apartment in Walton on the Naze at a price of £210,000 the flat has approaching 73 years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in September, hoping I'd have moved in before now. The seller has just informed the agent they are willing to knock £4k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • I own the freehold reversion of a property in Walton on the Naze and a leaseholder has requested a lease extension. Her valuer has given a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has suggested a much higher amount. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to incur?
  • My wife and I are worried about seeking a lease extension from tricky freeholder. Notwithstanding that the legal procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £200 increasing by 100% every 25 years of the new term. Can you help?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Walton on the Naze