Top Ten Questions relating to Wanstead Flats Lease Extensions

  • I think our conveyancing practitioners has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint
  • I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leasehold owners want a lease extension and I'm curious about the the process
  • My partner has a flat located in Wanstead Flats which we have just put on the market. The leasehold has approximately fivety five years unexpired on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.
  • I bought a maisonette located in Wanstead Flats with a leasehold unexpired of 75 years. I am curious about what I will need to spend to extend my leasehold
  • The terms for the lease on my apartment in Wanstead Flats are 95 years from 1 Dec 1988. Please supply me me a quote to extend the lease if I give you more information please?
  • I am looking to either purchase the freehold or a lease extension of my property in Wanstead Flats and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with Aldermore to free up equity. The broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease started in 1972 and since then the ground rent has increased from £25.00 per annum to £300 per annum.
  • I own a share of the freehold. There are three apartments in the house. All the leaseholders are now seeking lease extensions. Are you willing to assist us with this situation?
  • I would like some advice on leasehold property buying. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Wanstead Flats area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • Me and my husband are in the throws of buying a property (a one bedroom second floor purpose built flat based inWanstead Flats with share of freehold). During our search, we were always looking at flats that had at least 84 years remaining. We identified a apartment we fell in love with and the selling agent assured that the lease term was not an issue. Today our property lawyers told us the lease only has sixety years and therefore requires a lease extension. Should 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 sixety five years remaining on my flat in Wanstead Flats. 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 Wanstead Flats

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wanstead Flats