Albany Park Lease Extensions: Q and A’s

  • I want to buy a leasehold property and lease extension. The current owner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I inherited a garden flat located in Albany Park with a leasehold unexpired of 56 years. I am wondering about how much I will need to spend to extend my lease
  • I have been in touch with my freeholder for a lease extension for my flat in Albany Park. His has been in contact with costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started March 1987.
  • Regarding a property in Albany Park. upper maisonette. seventy yrs left. I have an agreed lease extension to £12,000 for 115yrs. Freeholder also requested Section 42 Notice which I think is a bit over the top. Can you assist.
  • My (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?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to buy in Albany Park. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the garden area.
  • I'm looking at purchasing an apartment in Albany Park valued at £195,000 the flat has something like 59 years remaining on the lease. I put in an offer conditional upon a lease extension... .. that was back in June, expecting I'd have moved in before now. The seller has just come back saying they are willing to knock £5k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • Me and my wife are purchasing a 2 bed flat in Albany Park which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to wait until the new lease is registered?
  • I am currently in the process of remortgaging my one bed flat in Albany Park and the mortgage company that I am looking to switch to needs a minimum 85 years remaining on the lease in order for them to progress matters. I have found that I currently have around sixety three years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bedroom first floor purpose built maisonette in Albany Park

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