Boreham Lease Extensions: Q and A’s

  • My name´s Ibrahim. I’m flat hunting in Boreham I'm considering offering on a studio flat online, with about 62 years left, how much does it cost on average to get a lease extension by, say, twenty years?
  • Do you only handle lease extensions in Boreham? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a solicitors.
  • I am the owner of a maisonnette together with the freehold title. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • I plan on buying a flat based in Boreham. My offer is conditional upon a lease extension. The flat owner’s conveyancing practitioners has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • The intention is to sell our ground floor flat in Boreham but we may need to extend the lease, or possibly cover the expense of our purchaser. Can you help me find a solicitors to handle this?
  • I'm planning on buying a 2 bed flat (leasehold) but the landlord has been absent for approximately 15yrs. My question is would it be cheaper to try to purchase the freehold or to extend lease and apply for RTM?
  • Offer accepted on a a ground floor flat in Boreham, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as eighty years.Contracts were due to be exchanged within a week. My question is Should I tell the homeowner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I'm living with my parents but have a 2 bed flat in Boreham let out which has a 66 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 Boreham 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 13k. Not sure sure whether to hold on or sell the flat?
  • I am planning on refinancing my three bed flat in Boreham and the mortgage company that I am looking to move to needs a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. I have discovered that I currently have around sixety nine years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
  • We have a two bedroom first floor purpose built flat in Boreham with a lease of seventy five years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Boreham

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