Frequently asked questions relating to Cuffley Lease Extensions

  • I purchased a flat in Cuffley with a leasehold unexpired circa sixety two years and need to extend it. Please can you clarify the next steps
  • I want to purchase a leasehold property and extend the lease. The current owner has been there over two 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 am looking for a in Cuffley and they need to be on the Accord Mortgages Ltd approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a ?
  • I'm looking for a flat to purchase in Cuffley and I'm not really familiar with the leasehold tenure. I've found a garden flat I like with a 91 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
  • I am a FTB of a leasehold flat in Cuffley. The lease has only 65 years remaining and ground rent is £95. Is it possible for the owner to serve the Initial Notice and then assign this right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the seller? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.
  • Offer accepted on a a garden flat in Cuffley, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.Contracts were due to be exchanged within a week. My question is Is it not odd that my failed to pick this up far earlier than just before exchange?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • I am the owner of a purpose-built apartment based in a large development in Cuffley. The leasehold interest in the flat on a 99 year lease started on 1 March 1972 with a non-reviewable yearly rent of 20. I would like to obtain a lease extension. Can I call someone to discuss my options please?
  • I'm looking at purchasing a flat in Cuffley at a price of £256,000 the flat has something like seventy seven years unexpired on the lease. My offer was conditional upon the lease being renewed... .. that was back in August, expecting I'd have moved in before Christmas. They have just come back saying that they are prepared to reduce the price by£8k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • My and my partner know that others in the same block had already had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Cuffley