Lease Extensions in Wapping

Examples of recent questions relating to Lease Extensions in Wapping

I invested in buying a 2 bed flat in Wapping that I now cannot sell due to the lease requiring a lease extension. Can you please help me with this situation ?

Hi, I just randomly found your site. I'm seeking prices on what a lease extension will cost for a garden flat in Wapping. It's up for sale at the moment but has slightly less than 61 years of unexpired leasehold

I am interested in getting a lease extension for a flat in Wapping and want to use a local . Is there a that you can recommend?

We hope to sell our one bed flat in Wapping but we may require a lease extension, or possibly cover the costs of our buyers. Are you able to recommend a to undertake the legal formalities?

I am a FTB of a leasehold flat in Wapping. The lease has just seventy four years residual lease term and ground rent is £50. Is it possible for the flat owner to serve the Initial Notice and then transfer over the right to me as the purchaser on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the seller? To add to the complexity the freeholder can not be found, so I am not sure how does it work.

My husband and I have a ground floor flat in Wapping with 60 years left. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 9k. We have now decided to proceed but do we now have to renegotiate?

Me and my partner are considering purchasing a studio flat in Wapping which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?

I'm living at parents but have a ground floor flat in Wapping let out which has a seventy two 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 Wapping 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?

If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?

I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Wapping. I occupy in the upper flat. I was reviewing the land registry documents last night when I noticed that my flat has a lease on it. There is 66 years balance left. Can one carry out a lease extension without using a ?

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