Frequently asked questions relating to London Colney Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want a lease extension and I'm enquiring about the procedure for this
  • I'm planning to make an offer on a house in London Colney 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 Bank of Scotland giving us the mortgage now?
  • I purchased a three bed flat in London Colney with a leasehold unexpired of seventy one years. I am enquiring about what it will cost me to extend my lease
  • I plan on buying a flat based in London Colney. The offer is conditional upon a lease extension. The homeowner’s conveyancing practitioners has served 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 Skipton Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • Think I may have made a mistake, I am seeking a lawyers in London Colney who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • I am a landlord of a block of flats in London Colney, and the lessees are in the process of being given lease extensions. I anticipate receiving funds next week. How does the tax work, the property is in joint names with my partner ?
  • Me and my husband have owned a leasehold flat for around eighteen years. There are 66 years remaining on the lease. Following a year of protracted negotiations through my property lawyers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • My partner and I would like to know the cost of a lease extension valuation for a property based in London Colney. Is this something you can help us with?
  • I have a lease of fivety five years remaining on my flat in London Colney. 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?
  • I'm looking for some advice with regard to a lease extension on my maisonette in London Colney. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in London Colney

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in London Colney