Frequently asked questions relating to Muswell Hill Lease Extensions

  • I have shares in the freehold of buildings comprising of six flats each. 2 of the leaseholders want a lease extension and I'm wondering about the the process
  • I am considering investing in a holiday home but it has a lease that expires in 14 years. Its in Muswell Hill - I wanted to see if with your services this could be extended?
  • I bought a maisonette in Muswell Hill. The start date for the lease was in 1991 for 99 years. Now I am wanting for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • I need to talk to you about a leasehold property in Muswell Hill, I am thinking of bidding at auction in the next few days. The flat only has a few years left and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I am a FTB of a leasehold flat in Muswell Hill. The lease has just fivety six years balance left and ground rent is £95. Is it possible for the owner to serve the Section 42 Notice and then assign this right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the vendor? To add to the complexity the landlord is absent, so I am not sure how this will play out.
  • We have a ground floor flat in Muswell Hill with sixety years unexpired. Last year we were quoted a deal to receive a lease extension for a further thirty years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of about 9k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • We would like to extend our lease having owned the apartment for 2 years as of 1st March 2015. It has approximately sixety two years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.
  • I'm living with my mother and father but have a two bedroom second floor purpose built flat in Muswell Hill let out which has a sixety two 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 Muswell Hill 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?
  • I am the registered freeholder to two flats. Someone has the lease on the garden flat in Muswell Hill. I reside in the top flat. I was reviewing the title deeds last night when I noticed that my flat is leasehold. There is sixety years outstanding. Is it possible to carry out a lease extension without retaining a property lawyers?
  • I have a lease of 78 years remaining on my flat in Muswell 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 Muswell Hill

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