Chorleywood and Rickmansworth Lease Extensions: Q and A’s

  • Hello, I just randomly found your website. I'm seeking prices on what a lease extension will cost for a 2 bed apartment in Chorleywood and Rickmansworth. It's up for sale at the moment but has just over 68 years of unexpired leasehold
  • I am interested in getting a lease extension for a flat in Chorleywood and Rickmansworth and want to use a local . Is there a that you can recommend?
  • I have a lease of 74 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Chorleywood and Rickmansworth, and my lease will reach 60 years this April. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Chorleywood and Rickmansworth and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Platform Home Loans Ltd to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease started in 1981 and since then the ground rent has increased from £38.00 per annum to £125 per year.
  • I am thinking about buying an auction property and came upon a studio flat in Chorleywood and Rickmansworth. It has just 50 year lease..the current owner as mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of getting a mortgage with HSBC Bank?
  • I am looking to buy a one bed flat in Chorleywood and Rickmansworth for asking price of 125k, which has sixety four years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder 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 am looking to extend the lease on my one bed flat in Chorleywood and Rickmansworth I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm living with my mother and father but have a one bedroom first floor purpose built flat in Chorleywood and Rickmansworth let out which has a seventy five 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 Chorleywood and Rickmansworth 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?
  • I'm looking for some help concerning a lease extension on my apartment. The plan is to do this in six months time as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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