Top Ten Questions relating to Bishops Stortford Lease Extensions

  • I acquired a property in Bishops Stortford and it has just over sixety three years balance left. I'd like to extend the lease period
  • I have a leasehold flat in Bishops Stortford. I have built a huge extension and have not informed the freeholder. What are my options?
  • My OH and I are considering purchasing a maisonette in Bishops Stortford which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • My OH and I would like to know the cost of a lease extension valuation for a property based in Bishops Stortford. Is this something you can assist us with?
  • I'm living with my mum and dad but have a ground floor flat in Bishops Stortford let out which has a 64 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Bishops Stortford for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
  • Just been over 2 years that I have owned my ground floor flat in Bishops Stortford. I have 75 yrs left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Bishops Stortford based or any will do fine?
  • Are you able to provide an estimate to extend my mum’s lease on a maisonette in Bishops Stortford. She already has a price from the landlord for a lease extension but I am not sure it is too expensive.
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Bishops Stortford
  • 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 Bishops Stortford

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