Arnos Grove Lease Extensions: Q and A’s

  • So this is the scenario: I bought a garden flat in Arnos Grove that I am finding difficult to sell as a result of the lease needing a lease extension. Can you please help me with this situation ?
  • I am considering investing in a second home but it has a lease that expires in 14 years. Its in Arnos Grove - I wanted to see if with your services it is possible for this to be extended?
  • I want to purchase a leasehold property and extend the lease. The vendor has been there over 2 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 ?
  • 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?
  • I'm looking for a flat to purchase in Arnos Grove and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom apartment I like with a 90 years lease. My research reveals that I can go for a lease extension after a couple of years, but:- Is this a given?
  • I own a share of the freehold. There are three apartments in the house. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
  • Offer accepted on a a one bed flat in Arnos Grove, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as 82 years.Contracts were due to be exchanged within a week. My query is Is it not odd that my lawyers failed to spot this far earlier than just before exchange?
  • I am the freeholder of a 1930’s 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 66 years. What are my next steps?
  • Just been over two years that I have been in my studio flat in Arnos Grove. I have seventy yrs remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Arnos Grove based lawyers or any will do fine?
  • Hello I am the freeholder interest in a one bedroom flat in Arnos Grove. The leaseholder has a sixety five year lease and would like to purchase another 90 years. She is offering me £27,000 but I am unsure if this is a correct amount

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