FAQs concerning Chipping Barnet Lease Extensions

  • We agreed with the head landlord for a lease extension on our flat based in Chipping Barnet, 8.5k for a further 90yrs. How long will it take ?
  • My partner has a flat located in Chipping Barnet which we are about to put on the market. The leasehold has about sixety eight years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I am concerned that my daughter might have had the wool pulled over her eyes. She put in an offer on a garden flat in Chipping Barnet, where the lease is nearly fivety seven years but she was informed by the selling agents that the vendor had extended it to 125 years. Only now has she been told the owner was waiting for her to retain conveyancers before commencing with the lease extension. Sounds underhand, also it could take time to sort it all out. What do you think?
  • Me and my partner are considering purchasing a three bedroom second floor purpose built maisonette in Chipping Barnet which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • We wish to extend our lease. We will have been in the property for 2 years as of 1st Jan 2015. It has nearon sixety six years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • Me and my husband would like to know the cost of a lease extension valuation for a property based in Chipping Barnet. Is this something you can help us with?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to buy in Chipping Barnet. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
  • We are in the throws of buying a flat (a garden flat inChipping Barnet with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years outstanding. We came across a place we liked and the selling agent assured that the lease was long albeit not specifying a number. Today our advised us the lease only has 71 years and therefore needs a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • My daughter is aware that others in the same building had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • We have a three bedroom first floor purpose built flat in Chipping Barnet with a lease of 75 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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