Berkhamsted Lease Extensions: Q and A’s

  • I own a property in Berkhamsted and it has nearon 71 years outstanding. I'd like to arrange a lease extension by twenty years
  • Do you only handle lease extensions in Berkhamsted? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a solicitors.
  • I own a maisonnette together with the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I'm looking for an apartment to buy in Berkhamsted and I'm not really familiar with the leasehold title. I've identified a three bed flat I like with a 90 years lease. My research reveals that I can get a lease extension after 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I'm looking at purchasing a flat in Berkhamsted valued at £210,000 the flat has something like 78 years left on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in September, expecting I'd have completed by now. The seller has just come back saying they are willing to reduce the price by£2k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I am planning on refinancing my studio flat in Berkhamsted and the bank that I am looking to switch to requires at least 80 years remaining on the lease in order for them to take the mortgage forward. I have discovered that I currently have around 55 years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • I have sixety one years remaining on my lease of a ground floor flat in Berkhamsted, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Berkhamsted
  • I have a lease of seventy six years remaining on my flat in Berkhamsted. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Berkhamsted

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