Top Ten Questions relating to Borehamwood and Elstree Lease Extensions

  • So this is the scenario: I purchased a studio flat in Borehamwood and Elstree that I now cannot sell due to the lease requiring a lease extension. What's your legal fee ?
  • Do you only undertake lease extensions in Borehamwood and Elstree? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .
  • I invested in buying a one bedroom apartment in Borehamwood and Elstree. The lease started in 1997 for 99 years. Now I am wanting for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • Are you able to advise on how much it would expense and the optimum way to get a lease extension started? I have around sixety one years remaining and I own a studio flat in Borehamwood and Elstree.
  • I am looking to buy a one bed flat in Borehamwood and Elstree for asking price of 145k, which has 54 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • 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?
  • We are purchasing a garden flat in Borehamwood and Elstree which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do OS1 search on the lease. The concern 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 property title number is not known. Is it right that we must wait until the new lease is registered?
  • My mum is worried about getting a lease extension from an objectionable freeholder. Regardless of the fact that the correct procedures were adhered to under the appropriate legislation, the landlord still attempted to get ground rent of £250 increasing by 100% every twenty five years of the new term. Can you assist?
  • My friend is aware that others in the same building previously had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Borehamwood and Elstree. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good who specialises in lease extensions?

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