Common questions relating to Bushey Lease Extensions

  • I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has sixety one years left
  • I'm deliberating over buying a garden flat (leasehold) but the landlord has been absent for around 15yrs. My question is would it be less expensive to try to purchase the reversionary title or to get a lease extension and apply for RTM?
  • We are in a building consisting of three flats in Bushey and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I need to talk to you about an apartment in Bushey, I am considering bidding at auction in the next few days. The flat only has a few years unexpired lease and I am curious about what it would cost to get a lease extension and for your services.
  • I'm looking for a flat to purchase in Bushey and I'm not really familiar with the leasehold arrangement. I've found a one bedroom apartment I like with a 87 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Bank of Ireland?
  • I am a freeholder of a block of flats in Bushey, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving funds next month. How does the tax work, the property is in joint names with my wife ?
  • My partner and I have a first floor flat in Bushey with seventy nine years unexpired. Last year we were quoted a deal to have a lease extension for a further fifty years but also increase ground rent from notional to £250 per annum..plus a premium I think of approximately 9k. Finally we have decided to proceed but do we now have to renegotiate?
  • We had entered into buying a garden flat in Bushey. I was advised that the lease had been extended (74 years remaining prior to extension). The description on the listing stated "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The vendor supposedly has a quote but no money to extend and consequently the homeowner wants to exchange and use the my deposit to extend the lease. My question is is it not odd that my conveyancers didn't spot this far earlier than just before exchange?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
  • My fiance and I are hoping to purchase a home (a garden flat located inBushey with share of freehold). During our search, we were always looking at properties that had a minimum 84 years outstanding. We identified a place we liked and the estate agent assured that the lease term was not an issue. Yesterday our conveyancers told us the lease only has 56 years and thus requires a lease extension. Should we walk away, or do we reduce our offer?
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    Lease Extensions in Bushey

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