Barnsbury Lease Extensions

Top Ten Questions relating to Barnsbury Lease Extensions

We are looking for lease extension for our apartment based in Barnsbury and we don't fully comprehend the communication that we got from our freehold company. How long will it take?

I bought a property in Barnsbury and it has about seventy one years unexpired. I'd like to extend the lease period

I have a lease of seventy five years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I'm planning on buying a garden flat (leasehold) but the freeholder has been absent for around 15yrs. My query is would it be cheaper to try to acquire the reversionary title or to extend lease and apply for right to manage?

I am thinking about whether to purchase the freehold or a lease extension of my property in Barnsbury and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Bank of Scotland to release of equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease commenced in 1991 and since then the ground rent has increased from £15.00 per annum to £200 per annum.

I am concerned that my daughter might be having the wool pulled over her eyes. She submitted an offer on a garden flat in Barnsbury, where the lease is approximately 79 years but she was informed by the selling agents that the flat owner had extended it to 125 years. Only now has she been advised the vendor was waiting for her to retain solicitors ahead of instigating the lease extension. Seems unscrupulous, also it could take a while to sort it all out. Am I being too sceptical?

Regarding a residence in Barnsbury. upper maisonette. 55 yrs remaining. I have an agreed lease extension to £12,000 for 135yrs. Landlord also insisted on Notice of Claim which I think is a bit over the top. Advice required.

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Barnsbury. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the rear garden.

I require an estimate to extend my mum’s lease on a garden flat in Barnsbury. She recently got a price from the landlord for a lease extension but I am unclear whether it is too expensive.

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