FAQs concerning Bedford Hill Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want to extend their leases and I'm curious about the the process
  • My wife has an apartment in Bedford Hill which we are about to put on the market. The leasehold has nearon 74 years outstanding on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy four years outstanding.
  • Hi. I need a to have a look at my lease extension before it's formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • I am looking to purchase a three bed flat in Bedford Hill with a lease of 57 years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am looking into the costs of carrying out a lease extension for my GFF in Bedford Hill, and would like some figures on that.
  • I am looking at purchasing an auction property and came upon a studio flat in Bedford Hill. It has just 50 year lease..the current owner as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the drawbacks of this other than the huge fee to extend the lease and reduced chance of getting a mortgage with Platform Home Loans Ltd?
  • We are considering buying a one bedroom apartment in Bedford Hill which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • We have been in discussion with our freeholder after having a valuation on our 2 bed flat in Bedford Hill. We have a sixety three year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I am currently negotiating a lease extension for my flat in Bedford Hill 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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