Questions and Answers: Friern Barnet Lease Extensions

  • Me and my partner are thinking about a lease extension for our two bed flat in Friern Barnet and we are confused by the communication that we received from our freehold company. How long will it take?
  • I have just completed on a garden flat based inFriern Barnet and I'm thinking about extending the lease as soon as possible e.g. in 24 months of ownership
  • I want to acquire a leasehold property and extend the lease. The homeowner 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 ?
  • I am going to purchase a flat based in Friern Barnet. My offer is conditional upon a lease extension. The vendor’s solicitors has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my apartment in Friern Barnet are 95 years from 14 Jan 1980. Can you give me a quote to extend the lease if I give you more specifics please?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Friern Barnet, and would like some figures on that.
  • Is it possible to talk with you about an apartment in Friern Barnet, I am considering bidding at auction in the next few days. The flat only has a few years outstanding and I was wondering about how much it would cost to get a lease extension and for your services.
  • I'm looking for a flat to purchase in Friern Barnet and I'm not really familiar with the leasehold tenure. I've identified a garden flat I like with a 91 years lease. My research reveals that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
  • I intend to buy a one bed flat in Friern Barnet for asking price of 156k, which has sixety seven 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 easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My and my fiance know that others in the same block previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on previous premiums paid . This would save on double valuation charges. Would you recommend this course of action?
  • Other Topics

    Lease Extensions in Friern Barnet

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