West Beckton Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to West Beckton Lease Extensions
I am looking for a lease extension on the lease on my garden flat in West Beckton which will have 75 years remaining in June. What fees do you charge for this?
I want to purchase a leasehold property and extend the lease. The vendor has been there over 2 years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 798 years balance left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any feedback would be much appreciated.
I bought a garden flat in West Beckton. The start date for the lease was in 1998 for 99 years. Now I am wanting to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
My neighbours and I are in a block of four flats in West Beckton and have been offered to buy the freehold for 7k 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?
My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I an interested in finding out more about purchasing a leasehold residence. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in West Beckton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
Coming up to 2 years that I have owned my garden flat in West Beckton. I have 61 yrs left on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my lawyers 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 financing - do they add it to their existing mortgage or pay it out in cash?
My OH and I are hoping to buy a home (a one bedroom apartment located inWest Beckton with share of freehold). During our search, we were always looking at properties that had a minimum 83 years left on the lease. We came across a place we fell in love with and the selling agent promised us that the lease term was not an issue. Today our solicitors told us the lease only has seventy one years and therefore needs a lease extension. Should we run away, or should 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?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in West Beckton