Frequently asked questions relating to Harold Wood Lease Extensions

  • I am looking for lease extension for our garden flat based in Harold Wood and we are confused by the communication that we received from our freehold company. How long will it take?
  • I want to acquire a leasehold property and extend the lease. The vendor has been there over 2 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 ?
  • I inherited a maisonette based in Harold Wood with a leasehold unexpired of 64 years. I am wondering about how much I will need to spend to extend my lease
  • 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?
  • I own a maisonnette together with the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • The terms for the lease on my apartment in Harold Wood are 101 years from 14 Sep 1980. Please provide me a quote for a lease extension if I give you more information please?
  • My mortgage lender is requesting several hundred pounds for their to approve the lease extension deed for my flat in Harold Wood... I can find no mention of this in my mortgage booklet... is this a standard cost that they charge?
  • Regarding a leasehold in Harold Wood. upper maisonette. 58 yrs unexpired. I have negotiated a lease extension price of £12,000 for 135yrs. Landlord also insisted on Initial Notice which I think should not be necessary. Can you assist.
  • I'm seeking some help with regard to a lease extension on my maisonette. I'll be looking to do this next June as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Can you recommend a good with expertise in lease extensions. Preferably someone in Harold Wood area?
  • I am currently negotiating a lease extension for my flat in Harold Wood 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 Harold Wood