Top Ten Questions relating to Broxbourne Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of six flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the the process
  • I'm about to make an offer on a house in Broxbourne but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barnsley Building Society giving us the mortgage now?
  • I plan on buying a flat located in Broxbourne. The offer is conditional upon a lease extension. The flat owner’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Britannia. Moreover, which are the following lease extension steps to complete the purchase?
  • The intention is to sell our one bedroom apartment in Broxbourne but we may need to extend the lease, or possibly cover the expense of our purchaser. Are you able to help me find someone to help us?
  • I am thinking about purchasing an auction property and identified a studio flat in Broxbourne. It only has a 48 year lease..the current owner as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of getting a mortgage with Britannia?
  • I have a share of the freehold. There are three flats in the building. All the leaseholders are now requiring lease extensions. What's your solicitors fee?
  • I am seeking advice as I am interested in a property that has only a 71 year lease and therefore requires a lease extension. Can I call someone to discuss my options please?
  • My dad has a share of freehold, with two other leaseholders in a building in Broxbourne. House split into three flats. He has a lease, which has approximately sixety three years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Broxbourne
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Broxbourne. I live in the top flat. I was reviewing the title deeds last night when I noticed that my flat is leasehold. There is sixety two years left on the lease. If I want to do a lease extension then would I just be paying for the charges?

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