Lease Extensions in Whitechapel

Whitechapel Lease Extensions: Q and A’s

I'm planning to make an offer on a house in Whitechapel but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect TSB giving us the mortgage now?

I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy three years left.

I am looking for a property lawyers in Whitechapel and they should be on the Aldermore approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

Possibly made a mistake, I am seeking a lawyers in Whitechapel who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?

I am a first time buyer of a leasehold flat in Whitechapel. The lease has only seventy three years balance left and ground rent is £95. Is it possible for the vendor to serve the Notice of Claim and then assign over the right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 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 may be possible but will it be very time consuming to the current owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how this will play out.

My husband and I have a GFF in Whitechapel. There is eighty years remaining on the lease and we want a lease extension. How much will it likely cost to get a lease extension by, say,fifty years

I am the freeholder of a Edwardian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 72 years. What are my next steps?

I'm looking for some assistance concerning a lease extension on my apartment. I'll be looking to do this next winter as we must 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 tribunal route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

We know that others in the same block previously had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you recommend this course of action?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Whitechapel