Top Ten Questions relating to Harringay Lease Extensions

  • I have got a leasehold flat in the Harringay area and was enquiring whether I could get a lease extension. What are your processes and fees. There are 63 years remaining
  • I'm wanting to make an offer on a house in Harringay but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Halifax giving us the mortgage now?
  • My co-lessees and I are in a building consisting of four flats in Harringay and have been offered to buy the freehold for 8k 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?
  • I'm looking for an apartment to purchase in Harringay and I'm not really familiar with the leasehold tenure. I've identified a ground floor flat I like with a 87 years lease. I've read that I can go for a lease extension after a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • My nephew has a share of freehold, with two other leaseholders in a building in Harringay. House split into three apartments. He has a lease, which has nearly seventy three years left. How much would it cost for a lease extension and how many years would he need to extend by?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my maisonette in Harringay
  • I have a freehold of a 2 bedroom flat in Harringay. The leaseholders have fivety nine years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I'm intent on acquiring a flat in Harringay valued at £256,000 the flat has approximately 72 years unexpired on the lease. My offer was subject to a lease extension... .. that was back in September, expecting I'd have moved in by now. The owner has just informed the agent they are willing to knock £3k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • I have 61 years remaining on my lease of a ground floor flat in Harringay, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Harringay

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