Highgate Lease Extensions

Highgate Lease Extensions Example Support Desk Enquiries

I’m thinking about a lease extension for our flat located in Highgate and we don't fully understand the communication that we got from our landlord company. Can you please help us with this situation?

I’m just looking for a studio flat to buy in the Highgate area and was enquiring how much would it cost to extend a lease? It has sixety three years remaining...

Hi, I stumbled across your website. I'm looking for prices on what a lease extension will cost for a studio flat based in Highgate. It's up for sale at the moment but has slightly less than seventy seven years left on the lease

I'm intending to make an offer on a house in Highgate 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?

I'm thinking of purchasing a maisonette (leasehold) but the landlord has been absent for around 15yrs. I wonder whether it will be less expensive to try to purchase the freehold or to get a lease extension and apply for right to manage?

How much will it cost me and what is the best way to start the lease extension process? I have around 75 years left on my lease on a one bedroom apartment in Highgate. I have emailed the managing agents who represent the landlord and they sent me the number for the surveyor. I left a phone message for the valuer but I am not receiving any kind of answer.

I intend to buy a one bed flat in Highgate for asking price of 156k, which has 60 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

If a leaseholder owns a flat with a lease of less than 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?

My wife and I are aware that others in the same block previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on on the prices by others . This would save on double valuation charges. Would you suggest this course of action?

We currently own a 2 bed flat in Highgate and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 70 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

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