Questions and Answers: Borehamwood and Elstree Lease Extensions

  • I have got a leasehold flat in the Borehamwood and Elstree area and was curious whether I could obtain a lease extension. What are your processes and charges. There are 68 years balance left
  • I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Borehamwood and Elstree - I wanted to see if with your services it is possible for this to be extended?
  • Regarding a property in Borehamwood and Elstree. GFF maisonette. seventy yrs unexpired. I have negotiated a lease extension price of £20k for 115yrs. Freeholder also insisted on Initial Notice which I think is a bit over the top. Can you assist.
  • I am looking to buy a one bed flat in Borehamwood and Elstree for asking price of 145k, which has 62 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 a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • My lawyers (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?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety four years. I need a lawyers at my end. Can you advise please? I live near Borehamwood and Elstree and have a mortgage with Bank of Scotland.
  • Me and my partner have been in discussion with our freeholder after having a valuation on our studio flat in Borehamwood and Elstree. We have a 63 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost including value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Borehamwood and Elstree
  • I own the freehold to two flats. Someone has the lease on the garden flat in Borehamwood and Elstree. I occupy in the upper flat. I was looking at the land registry documents recently when I noticed that my flat is leasehold. There is seventy seven years left. If I want a lease extension then would I simply be paying for the conveyancing practitioners charges?
  • I have a lease of sixety nine years remaining on my flat in Borehamwood and Elstree. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Borehamwood and Elstree

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