FAQs concerning Writtle Lease Extensions

  • I have just bought a one bedroom apartment based inWrittle and I'm considering extending the lease as soon as I can e.g. after 24 months of ownership
  • I'm planning to make an offer on a house in Writtle 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 Yorkshire Building Society giving us the mortgage now?
  • I have a lease of 76 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • The terms for the lease on my apartment in Writtle are 99 years from 12 Dec 1988. Can you supply me me a quote to extend the lease if I give you more information please?
  • I am looking into the costs of carrying out a lease extension for my one bedroom ground floor purpose built flat in Writtle, and would like some figures on that.
  • I am looking to either purchase the freehold or a lease extension of my property in Writtle and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Barclays Direct to free up equity. My broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease started in 1991 and since then the ground rent has increased from £25.00 per year to £200 per year.
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy nine years. I need a solicitors at my end. Can you advise please? I live near Writtle and have a mortgage with Platform Home Loans Ltd.
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Writtle
  • My partner and I are in the throws of buying a property (a ground floor flat located inWrittle with share of freehold). During our search, we were always looking at apartments that had a minimum 83 years residual lease term. We came across a flat we liked and the selling agent assured that the lease term was not an issue. Yesterday our property lawyers advised us the lease only has sixety one years and therefore needs a lease extension. Should we walk away, or should we negotiate our offer?
  • I am currently negotiating a lease extension for my flat in Writtle 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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    Lease Extensions in Writtle

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