Bishops Stortford Lease Extensions: Q and A’s

  • I agreed with the head landlord for a lease extension on our flat located in Bishops Stortford, 16k for another 90yrs. What's your solicitors fee ?
  • My partner has a flat located in Bishops Stortford which we have just put on the market. The leasehold has approximately seventy one years remaining 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? Many thanks.
  • The terms for the lease on my apartment in Bishops Stortford are 99 years from 10 Dec 1989. Please supply me me a quote for a lease extension if I give you more details please?
  • We own a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Bishops Stortford and are therefore deliberating the option of a vesting order. Is this something you can help us with?
  • I am considering whether to purchase the freehold or a lease extension of my property in Bishops Stortford and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Yorkshire Building Society to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease started in 1972 and since then the ground rent has increased from £38.00 per annum to £300 per year.
  • My mortgage lender is requesting several hundred pounds for their to approve the lease extension deed for my flat in Bishops Stortford... I am unable to find any reference of this in my mortgage guide... is this a usual fee to pay?
  • I am looking for advice as I am interested in a property that has only a seventy year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • I'm living at mum and dad but have a studio flat in Bishops Stortford let out which has a 59 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 21k. Not sure sure whether to hold on or sell the flat?
  • We are are hoping to complete on a garden flat in Bishops Stortford which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we have to wait until the new lease is registered?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Bishops Stortford

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