Barnet Lease Extension - Your Legal Fees Calculator
FAQs concerning Barnet Lease Extensions
I am looking to extend the lease on my garden flat in Barnet which will have seventy years remaining in January. What fees apply?
I am considering investing in a holiday home but it has a lease that expires in 14 years. Its in Barnet - I wanted to see if with your services it is possible for this to be extended?
I have contacted my freeholder for a lease extension for my flat in Barnet. Her property lawyers has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started November 1986.
I plan on buying a flat based in Barnet. The offer is conditional upon a lease extension. The vendor’s conveyancing practitioners has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barnsley Building Society. Moreover, which are the following lease extension steps to complete the purchase?
In 2010 I purchased a leasehold flat in Barnet. I have built a large extension and have not informed my leaseholder. What should I do?
I'm looking for a flat to purchase in Barnet and I'm not really familiar with the leasehold concept. I've identified a place I like with a 87 years lease. My research reveals that I can go for a lease extension having owned the property for 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a studio flat in Barnet, where the lease is approximately 56 years but she was informed by the selling agents that the owner had extended it to 125 years. She has now been advised the owner was holding off for her to appoint conveyancers before commencing with the lease extension. Sounds odd to me, also it may take time to sort it all out. What do you think?
Just been over 2 years that I have owned my two bedroom first floor purpose built flat in Barnet. I have 56 years unexpired lease on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
I note that your website states the likely fee to extend a lease is £495. Is that the total cost excluding vat and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in Barnet
We currently own a garden flat in Barnet and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 71 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?