FAQs concerning Brent Cross Lease Extensions

  • Hello, I am looking somewhere around or in Brent Cross 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • We own a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Brent Cross and looking to do a vesting order. Is this something you can help us with?
  • I am looking to either purchase the freehold or a lease extension of my property in Brent Cross and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Chelsea Building Society to free up equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease commenced in 1979 and since then the ground rent has been raised from £38.00 per annum to £300 per annum.
  • I'm looking for a flat to purchase in Brent Cross and I'm not really familiar with the leasehold tenure. I've identified a studio flat I like with a 82 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
  • I will soon view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has sixety eight years outstanding on the lease. It is also a repo so I'm assuming that the lender will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I am a first time buyer of a leasehold flat in Brent Cross. The lease has just seventy nine years remaining and ground rent is £95. Is it possible for the current owner to serve the Initial Notice and then assign this right to me as the buyer on the day of completion so that I can avoid waiting 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 may be possible but will it be very time consuming to the current owner? Unfortunately it’s the case of an missing landlord, so I am not sure how this will play out.
  • We have a residential flat in Brent Cross with sixety seven years unexpired. Last year we were quoted a deal to have a lease extension for a further fifty years but also uplift the ground rent from notional to £250 per year..plus a premium I think of about 14k. We have now decided to move forward but do we now have to renegotiate?
  • I would like some help on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Brent Cross area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I am the freeholder of a Victorian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 58 years. What are my next steps?
  • Just been over two years that I have been in my three bedroom ground floor purpose built maisonette in Brent Cross. I have 61 yrs outstanding on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Brent Cross based or any will do fine?

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