FAQs concerning Wanstead Flats Lease Extensions

  • My partner has a flat in Wanstead Flats which we have just put on the market. The leasehold has around 63 years outstanding on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.
  • I own a leasehold flat in the Wanstead Flats area and was curious whether I could get a lease extension. What are your processes and charges. Has 73 years left
  • I need to talk to you about an apartment in Wanstead Flats, I am considering buying at auction in the next few days. The flat only has a few years outstanding and I was wondering about what it would cost to get a lease extension and for your services.
  • Regarding a leasehold in Wanstead Flats. lower maisonette. 79 yrs unexpired. I have an agreed lease extension to £14k for 125yrs. Landlord also insisted on Initial Notice which I think is a bit over the top. Advice required.
  • My son has a share of freehold, with two other leaseholders in a building in Wanstead Flats. House split into three flats. He has a lease, which has about fivety seven years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Wanstead Flats. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Just been over 2 years that I have been in my one bedroom apartment in Wanstead Flats. I have fivety seven years outstanding on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • I'm hoping for some advice concerning a lease extension on my maisonette. I'll be looking to do this next summer as we need to move 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 LVT route. You are able to recommend a good solicitors with expertise in lease extensions. Ideally nearby in Wanstead Flats?
  • I require an estimate to extend my mother’s lease on a one bedroom second floor purpose built flat in Wanstead Flats. She already has a price from the freeholder for a lease extension but I am not sure it is too high.
  • I am currently negotiating a lease extension for my flat in Wanstead Flats as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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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