FAQs concerning Hertford Lease Extensions

  • My wife has a flat located in Hertford which we have just put on the market. The leasehold has circa seventy four years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I need to negotiate a lease extension for a flat in Hertford and want to use a local solicitors. Are you able to help me find a solicitors?
  • I plan on buying a flat based in Hertford. The offer is conditional upon a lease extension. The homeowner’s conveyancers 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 Birmingham Midshires. Moreover, which are the following lease extension steps to complete the purchase?
  • In 2012 I purchased a leasehold apartment in Hertford. I have built a large extension and have not informed my leaseholder. What should I do?
  • My mortgage lender is requesting a £500 fee for their property lawyers to agree a lease extension for my flat in Hertford... I can find no mention of this in my mortgage contract... is this a standard cost that they charge?
  • My brother and I are proceeding with a purchase of a garden flat in Hertford. I was advised that the lease had been lengthened (seventy two years remaining prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The homeowner apparently has a quote but no funds to extend as a result the homeowner wishes to exchange and use the 10% deposit to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Hertford. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I own the freehold to two flats. Someone has the lease on the ground flat in Hertford. I reside in the upper flat. I was looking at the land registry documents yesterday when I noticed that my flat has a lease on it. There is sixety eight years outstanding. If I want a lease extension then would I just be paying for the property lawyers costs?
  • I am planning on refinancing my studio flat in Hertford and the new lender that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. We currently have around 57 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • I have a lease of 76 years remaining on my flat in Hertford. 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?
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    Lease Extensions in Hertford

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