Examples of recent questions relating to Lease Extensions in Mill Hill

  • 40k agreed with the landlord, just seeking to find a Mill Hill property lawyers for a lease extension. Our lease has around 59 yearsleft. Are you able to help us with this situation ?
  • I’m about to offer on a studio flat to purchase in the Mill Hill area and was enquiring how much would it cost for a lease extension? It has seventy three years residual lease term...
  • I acquired a flat in Mill Hill with a leasehold unexpired nearon seventy two years and need to extend it. Please can you advise me of the next stages
  • I own a leasehold flat in the Mill Hill area and was wondering if I could get a lease extension. What are your processes and fees. There are seventy eight years unexpired
  • I am looking into the costs of carrying out a lease extension for my studio flat in Mill Hill, and would like some figures on that.
  • My nephew has a share of freehold, with two other leaseholders in a building in Mill Hill. House split into three flats. He has a lease, which has around 64 yrs outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • If a leaseholder 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?
  • My OH and I are hoping to acquire a flat (a 2 bed flat located inMill Hill with share of freehold). Throughout our search, we were always looking at apartments that had a minimum eighty five years left. We came across a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. This morning our conveyancing practitioners told us the lease only has 70 years and thus needs a lease extension. Do we walk away, or do we negotiate our offer?
  • I am currently negotiating a lease extension for my flat in Mill Hill as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I have a lease of 75 years remaining on my flat in Mill Hill. 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 Mill Hill

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