FAQs concerning East Finchley Lease Extensions

  • My wife agreed with the freeholder for a lease extension on our flat in East Finchley, 12.5k for another 90yrs. How long will it take ?
  • I am interested in getting a lease extension for a flat in East Finchley and want to use a local . Are you able to help me find a ?
  • We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any help would be much appreciated.
  • I am looking for a in East Finchley and they should be on the The Royal Bank of Scotland approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a ?
  • We are looking to extend our lease having owned the property for two years as of 22nd Feb 2015. It has slightly less than sixety seven years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.
  • I am looking to buy a one bed flat in East Finchley for asking price of 125k, which has 66 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 landlord does not agree to a marriage value (part of lease extension fees) of a valuer, 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 two bedroom first floor purpose built maisonette in East Finchley 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 own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 63 years. I need a at my end. Can you advise please? I live near East Finchley and have a mortgage with Norwich and Peterborough Building Society.
  • I know that others in the same building previously had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on on the prices by others . This would save on double valuation charges. Would you suggest this course of action?
  • I am currently negotiating a lease extension for my flat in East Finchley as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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