Bowes Park Lease Extensions

Questions and Answers: Bowes Park Lease Extensions

Hello, I am looking somewhere around or in Bowes Park 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?

I am looking for a lease extension on the lease on my one bedroom apartment in Bowes Park which will have seventy two years remaining in August. What fees apply?

I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has seventy five years left.

We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 798 years outstanding so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any advice would be much appreciated.

Are you able to advise on the likely expense and the best way to start the lease extension process? I have just under 57 years outstanding and I own a studio flat in Bowes Park.

I am a landlord of a block of flats in Bowes Park, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving the money next month. How does the tax work, the property is in joint names with my partner ?

I am the owner of a purpose-built flat based in a large development in Bowes Park. The leasehold interest in the flat on a 99 year lease which commenced from 30th November 1972 with a set yearly rent of 35. I wish to obtain a lease extension. Is it possible for me to talk with someone to go through my options please?

My partner and I have been in discussion with our freeholder after having a valuation on our maisonette in Bowes Park. We have a 64 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she 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 to handle this for us. Can you please provide me what your costs would be to act on our behalf.

I am currently negotiating a lease extension for my flat in Bowes Park as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

I have a lease of sixety four years remaining on my flat in Bowes Park. 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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