Cheshunt Lease Extensions

Cheshunt Lease Extensions: Q and A’s

We agreed with the head landlord for a lease extension on our flat in Cheshunt, 8k for another 90yrs. What's your solicitors fee ?

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 57 years unexpired.

I inherited a garden flat in Cheshunt. I am looking to extend lease on the property. It is nearon eighty one years. I would just like to know what your charges are and how long the process takes.

I need to talk to you about a flat in Cheshunt, I am considering bidding at auction next month. The flat has a short lease and I wanted to inquire about what it would cost to get a lease extension and for your services.

My mortgage lender is requesting a £450 fee for their to approve the lease extension deed for my flat in Cheshunt... I am unable to find any reference of this in my mortgage booklet... is this a normal cost that they charge?

I'm living with my mum and dad but have a maisonette in Cheshunt let out which has a seventy 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 21k. Not sure sure whether to hold on or sell the flat?

Coming up to two years that I have been in my one bed flat in Cheshunt. I have sixety five years remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 425k. 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: In terms of surveyors - how do I go about finding one?

I note that your website states the likely fee to extend a lease is £495. Is that the total cost including value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my one bed flat in Cheshunt

I am currently negotiating a lease extension for my flat in Cheshunt 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 was hoping you might be able to tell me the process of how to apply for a lease extension for my three bedroom ground floor purpose built flat in Cheshunt

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