Sample questions relating to Cheshunt Lease Extensions

  • We are thinking about a lease extension for our ground floor flat in Cheshunt and we don't fully comprehend the communication that we got from our freehold company. Can you please help us with this situation?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Cheshunt, and my lease will reach fivety five years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • We are in a block made up five flats in Cheshunt and have been offered to buy the freehold for 8k 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 am a FTB of a leasehold flat in Cheshunt. The lease has just seventy seven years unexpired and ground rent is £25. Is it possible for the vendor to serve the Initial Notice and then assign over the right to me as the buyer on the day of completion 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 consuming to the homeowner? Unfortunately the freeholder can not be found, so I am not sure how does it work.
  • We have a GFF based in Cheshunt. There is 80 years left on the lease and we want a lease extension. What will it likely cost to extend in this location by, say,45 years
  • I'm living at parents but have a one bedroom apartment in Cheshunt let out which has a 55 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Cheshunt for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • Hi I own the freehold interest in a one bedroom flat in Cheshunt. The leaseholder has a sixety two year lease and would like to purchase an additional 90 years. She is offering me £21,000 but I am not sure if this is a correct amount
  • I own the freehold reversion of a property in Cheshunt and a leaseholder has requested a lease extension. Her valuer has given a figure of £9,000, but has increased this to £10,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to face?
  • I know that others in the same building previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on previous prices . This would save on double valuation charges. Would you suggest this course of action?
  • I have a lease of seventy four years remaining on my flat in Cheshunt. 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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    Lease Extensions in Cheshunt

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