Examples of recent questions relating to Lease Extensions in Westcliff On Sea

  • I own a leasehold flat in the Westcliff On Sea area and was enquiring if I could get a lease extension. What are your processes and charges. There are fivety six years residual lease term
  • We are in a block containing five flats in Westcliff On Sea and have been offered to buy the freehold for 5k 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?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Westcliff On Sea, and would like some figures on that.
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Westcliff On Sea and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Barnsley Building Society to free up equity. My adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1991 and since then the ground rent has been raised from £38.00 per annum to £100 per year.
  • I would like some help on purchasing a leasehold residence. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Westcliff On Sea 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?
  • I am the freeholder of a Victorian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 70 years. What are my next steps?
  • My partner and I would like to know the cost of a lease extension valuation for a property based in Westcliff On Sea. Would you be able to help?
  • My brother is worried about obtaining a lease extension from tricky freeholder. Notwithstanding that the legal procedures were followed under the appropriate legislation, the landlord still tried to get ground rent of £200 doubling every twenty years of the new lease. Can you help?
  • I am currently in the process of remortgaging my maisonette in Westcliff On Sea and the new lender that I am looking to move to requires a minimum 85 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around sixety seven years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
  • I am currently negotiating a lease extension for my flat in Westcliff On Sea 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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