Sample questions relating to Hatch End Lease Extensions

  • We agreed with the head landlord to a lease extension on our flat located in Hatch End, 18k for an extension by 90yrs. How long is the process ?
  • I plan on buying a flat located in Hatch End. My offer is conditional upon a lease extension. The seller’s solicitors has given to the freeholder the Notice of Claim. 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 Halifax. Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my flat in Hatch End are 101 years from 14 Jan 1988. Can you give me a quote to extend the lease if I give you more information please?
  • I am looking to either purchase the freehold or a lease extension of my property in Hatch End and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Bank of Scotland to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease started in 1979 and since then the ground rent has increased from £15.00 per year to £100 per year.
  • We have a first floor flat in Hatch End with sixety four years unexpired. Last year we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of about 16k. Finally we have decided to move forward but do we now have to renegotiate?
  • Just been over two years that I have owned my studio flat in Hatch End. I have 63 yrs left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • I own the freehold reversion of a property in Hatch End where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
  • Do you handle lease extensions on land? (a plot of land in Hatch End with 82yrs remaining)
  • We have a one bedroom apartment in Hatch End with a lease of 70 years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?
  • I have a lease of 63 years remaining on my flat in Hatch End. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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