Top Ten Questions relating to Finchley Lease Extensions

  • My partner agreed with the head landlord to a lease extension on our flat located in Finchley, 10.5k for an additional 90yrs. How long will it take ?
  • I want to buy a leasehold property and lease extension. The current owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • 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?
  • The intention is to sell our studio flat in Finchley but we may require a lease extension, or at least cover the expense of our buyers. Are you able to help me find someone to assist?
  • I am considering acquiring an auction property and identified a studio flat in Finchley. It has just fifty-one year lease..the vendor as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Clydesdale?
  • We have a leasehold flat in Finchley with 73 years to run. Last year we were quoted a deal to receive a lease extension for another thirty years but also increase ground rent from nominal to a little more..plus a premium I think of about 9k. We have now decided to proceed but do we now have to start the negotiations again?
  • We have a GFF located in Finchley. There is 81 years unexpired on the lease and we want to extend the lease. How much does it cost on average to get a lease extension by, say,twenty years
  • Although I do not need a lease extension but I do require a vesting order on a property I want to acquire in Finchley. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.
  • It says on your website the anticipated fee to extend a lease is £495. Is that the total cost including value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my garden flat in Finchley
  • Do you handle lease extensions on land? (a plot of land in Finchley with 82yrs remaining)

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