Common questions relating to West Thurrock Lease Extensions

  • My wife has an apartment in West Thurrock which we are about to put on the market. The leasehold has around 63 years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I am looking for a in West Thurrock and they need to be on the Chelsea Building Society approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend a ?
  • I am looking into the costs of carrying out a lease extension for my three bed flat in West Thurrock, and would like some figures on that.
  • I have my suspicions that my niece is being hoodwinked. She put in an offer on a garden flat in West Thurrock, where the lease is just over 61 years but she was advised by the estate agents that the vendor had extended it to 99 years. She has now been told the vendor was waiting for her to appoint lawyers ahead of instigating the lease extension. Seems devious, also it could take a while to sort it all out. Am I reading too much into it?
  • I am the freeholder of a Georgian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy three years. What are my next steps?
  • If somebody owns a flat with a lease of less than 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'm intent on buying an apartment in West Thurrock valued at £210,000 the flat has just under 69 years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in June, expecting I'd have completed by Christmas. They have just come back saying they are willing to knock £3k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I am currently negotiating a lease extension for my flat in West Thurrock 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?
  • I have a lease of fivety four years remaining on my flat in West Thurrock. 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?
  • I'm looking for some advice with regard to a lease extension on my garden flat in West Thurrock. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good who specialises in lease extensions?

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