Borehamwood Lease Extensions

Recently asked questions relating to Borehamwood Lease Extensions

I agreed with the head landlord for a lease extension on our flat located in Borehamwood, 19k for an extension by 90yrs. How long is the process ?

I am the owner of a maisonnette together with the freehold of both flats. My downstairs neighbours have asked for a lease extension what do I need to do?

We invested in buying a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Borehamwood and are therefore considering the option of a vesting order. Is this something you can do for us?

I am concerned that my niece is being hoodwinked. She put in an offer on a two bedroom second floor purpose built flat in Borehamwood, where the lease is nearon 74 years but she was told by the estate agents that the current owner had extended it to 125 years. Only now has she been told the vendor was waiting for her to retain lawyers before commencing with the lease extension. Seems unscrupulous, also it may take time to sort it all out. Am I reading too much into it?

I am a landlord of a block of flats in Borehamwood, and the tenants are in the process of being given lease extensions. I anticipate receiving the money within a month or so. How does the tax work, the property is co-owned with my partner ?

Ref a leasehold in Borehamwood. upper maisonette. sixety eight yrs unexpired. I have an agreed lease extension to £12,000 for 115yrs. Landlord also requested Initial Notice which I think should not be required. Can you assist.

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?

I own a purpose-built flat located in a small block in Borehamwood. The leasehold interest in the flat on a ninety five year lease which commenced on 30th January 1970 with a set yearly rent of 35. I would like to obtain a lease extension. Can I talk with someone to go through my options please?

If somebody 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?

My wife and I are aware that others in the same building previously had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest this course of action?

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