Recently asked questions relating to Friern Barnet Lease Extensions

  • I purchased a flat in Friern Barnet with a leasehold unexpired approximately seventy one years and need to extend it. Please can you clarify the next stages
  • I have shares in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm enquiring about the the process
  • I want to acquire a leasehold property and lease extension. The vendor has been there for three 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 ?
  • 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?
  • My neighbours and I are in a block consisting of three flats in Friern Barnet and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • The terms for the lease on my apartment in Friern Barnet are 95 years from 14 Jan 1989. Can you supply me me a quote for a lease extension if I give you more specifics please?
  • Offer accepted on a a studio flat in Friern Barnet, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are about to exchange contracts within a week. My question is why has this only just been brought to my attention by my ?
  • I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 72 years. I need a at my end. Can you advise please? I live near Friern Barnet and have a mortgage with Virgin Money.
  • Just been over two years that I have owned my one bedroom apartment in Friern Barnet. I have seventy one years remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Friern Barnet based or any will do fine?
  • My fiance and I have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Friern Barnet. We have a sixety eight year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

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