Bowes Park Lease Extensions Example Support Desk Enquiries

  • I am looking to either purchase the freehold or a lease extension of my property in Bowes Park and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Nationwide Building Society to free up equity. My adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease began in 1991 and since then the ground rent has been raised from £38.00 per annum to £200 per year.
  • Last year I purchased a leasehold flat in Bowes Park. I have built a huge extension and have not informed my freeholder. What are my options?
  • I am a FTB of a leasehold flat in Bowes Park. The lease has just 69 years balance left and ground rent is £25. Is it possible for the owner to serve the Notice of Claim and then transfer over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the homeowner? To add to the complexity the freeholder is absent, so I am not sure how this will play out.
  • Offer accepted on a a maisonette in Bowes Park, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged within a week. My query is Should I tell the current owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • 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 commence the process, is this correct?
  • I am looking for advice as I am interested in a property that has only a sixety seven year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 71 years. I need a conveyancing practitioners at my end. Can you advise please? I live near Bowes Park and have a mortgage with Bank of Scotland.
  • Me and my sister are acquiring a one bed flat in Bowes Park which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our lawyers to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we have to be patient pending registration of the new lease?
  • My and my partner are worried about seeking a lease extension from an objectionable landlord. Notwithstanding that the correct procedures were adhered to under the appropriate legislation, the freeholder still attempted to charge ground rent of £200 doubling every twenty five years of the new term. Can you assist?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Bowes Park
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    Lease Extensions in Bowes Park

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