Sample questions relating to Hatton Park Lease Extensions

  • 40k agreed with the freeholder, just trying to find a Hatton Park for a lease extension. Our lease has nearon seventy eight yearsoutstanding. Are you willing to help us with this situation ?
  • I have got a leasehold flat in the Hatton Park area and was curious whether I could obtain a lease extension. What are your processes and charges. There are 59 years balance left
  • We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any suggestions would be much appreciated.
  • I bought a garden flat based in Hatton Park with a leasehold unexpired of 68 years. I am wondering about how much I will need to spend to extend my lease term
  • I am going to purchase a flat based in Hatton Park. My offer is conditional upon a lease extension. The vendor’s has given to the freeholder 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 Britannia. Moreover, which are the following lease extension steps to complete the purchase?
  • I inherited a one bedroom apartment in Hatton Park. I am looking to extend lease on the property. It is around eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I'm living with my mother and father but have a ground floor flat in Hatton Park let out which has a 54 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Hatton Park for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • If somebody 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?
  • Do you handle lease extensions on land? (a plot of land in Hatton Park with 82yrs remaining)

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