Top Ten Questions relating to Chipping Barnet Lease Extensions

  • So this is the scenario: I inherited a one bedroom apartment in Chipping Barnet that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?
  • My name´s Teddy. I’m property hunting in Chipping Barnet I'm seeing a ground floor flat online, with nearly sixety nine years left, how much will it likely cost to extend in this location by, say, 45 years?
  • I want to buy a leasehold property and lease extension. The owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I'm planning on buying a two bedroom first floor purpose built maisonette (leasehold) but the freeholder has been missing for slightly more than 15yrs. I wonder whether it will be less expensive to try to buy the freehold or to extend lease and apply for RTM?
  • Think I may have made an error, I am seeking a in Chipping Barnet who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Chipping Barnet and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Barclays to release of equity. My broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease commenced in 1981 and since then the ground rent has increased from £15.00 per annum to £200 per annum.
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am looking to buy a one bed flat in Chipping Barnet for asking price of 125k, which has seventy nine years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the total cost including vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my ground floor flat in Chipping Barnet
  • Hello I am the freeholder reversion in a one bedroom flat in Chipping Barnet. The leaseholder has a 58 year lease and would like to purchase an additional 125 years. He is offering me £18,000 but I am unsure if this is a correct amount

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Chipping Barnet