Common questions relating to Edmonton Lease Extensions

  • 40k agreed with the landlord’s agents, just trying to find a Edmonton for a lease extension. Our lease has around sixety eight yrsremaining. Can you please help us with this situation ?
  • I’m about to offer on a garden flat to purchase in the Edmonton area and was after more information on how much would it cost for a lease extension? It has 73 years residual lease term...
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 798 years left so a lease extension is not a worry. 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 true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any suggestions would be much appreciated.
  • I have contacted my freeholder to extend my lease for my flat in Edmonton. His has been in contact with charges etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started August 1994.
  • I'm planning on buying a ground floor flat (leasehold) but the landlord has been missing for just over 15yrs. My query is would it be cheaper to try to acquire the freehold or to get a lease extension and apply for right to manage?
  • We are considering purchasing a three bedroom ground floor purpose built flat in Edmonton which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I an interested in finding out more about leasehold property buying. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Edmonton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I am the freeholder of a Victorian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety seven years. What are my next steps?
  • I'm intent on acquiring a flat in Edmonton valued at £210,000 the flat has just under 78 years remaining on the lease. I put in an offer conditional upon the lease being extended... .. that was back in September, expecting I'd have moved in by Christmas. The seller has just come back saying they are willing to knock £4k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
  • I am worried about getting a lease extension from tricky freeholder. Regardless of the fact that the correct procedures were adhered to under the 1993 Act, the freeholder still attempted to get ground rent of £300 doubling every 25 years of the new term. Can you assist?

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