Wanstead Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Wanstead Lease Extensions
I own a leasehold flat in the Wanstead area and was enquiring if I could obtain a lease extension. What are your processes and fees. Has 72 years left
I'm about to make an offer on a house in Wanstead but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Godiva Mortgages Ltd giving us the mortgage now?
My co-lessees and I are in a building comprising three flats in Wanstead and have been offered to buy the freehold for 8k 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 am a FTB of a leasehold flat in Wanstead. The lease has only 65 years residual lease term and ground rent is £95. Is it possible for the current owner to serve the Section 42 Notice and then assign this right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the homeowner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.
My partner and I have a GFF in Wanstead. There is eighty years to run on the lease and we want to extend the lease. How much does it cost on average to extend in this area by, say,ninety years
Offer accepted on a a studio flat in Wanstead, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as 82 years.Contracts were due to be exchanged within a week. My query is Is it not odd that my property lawyers didn't spot this far earlier than just before exchange?
I intend to buy a one bed flat in Wanstead for asking price of 125k, which has 56 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?
My nephew has a share of freehold, with two other leaseholders in a building in Wanstead. House split into three apartments. He has a lease, which has circa seventy five yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?
I am planning to extend the lease on my garden flat in Wanstead I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
Do you handle lease extensions on land? (a plot of land in Wanstead with 82yrs remaining)