Top Ten Questions relating to Colindale Lease Extensions

  • 20,000 agreed with the landlord, just seeking to find a Colindale for a lease extension. Our lease has circa 74 yrsremaining. Are you willing to help us with this situation ?
  • My name´s Hugo. I’m house hunting in Colindale I'm seeing a studio flat online, with slightly more 60 years unexpired lease, how much does it cost on average to get a lease extension by, say, 25 years?
  • I'm about to make an offer on a house in Colindale but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Nationwide Building Society giving us the mortgage now?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I have been in touch with my freeholder to extend my lease for my flat in Colindale. Her has been in contact concerning costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started July 1987.
  • I am looking into the costs of carrying out a lease extension for my GFF in Colindale, and would like some figures on that.
  • I'm looking for a flat to purchase in Colindale and I'm not really familiar with the leasehold title. I've identified a one bed flat I like with a 87 years lease. My research reveals that I can apply for a lease extension after a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • My mortgage provider requires several hundred pounds for their to approve the lease extension deed for my flat in Colindale... I am unable to find any reference of this in my mortgage guide... is this a normal fee to pay?
  • I am considering purchasing an auction property and came upon a one bed flat in Colindale. It has just 41 year lease..the current owner as mortgagees in possession dont want to mess around with applying for a lease extension..what are the drawbacks of this except for the expensive fee to extend the lease and decreased chance of getting a mortgage with Barclays Direct?
  • 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?

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