FAQs concerning New Barnet Lease Extensions

  • 35k agreed with the landlord, just seeking to find a New Barnet for a lease extension. Our flat has around seventy yearsleft. What's your legal fee ?
  • I am the registered owner of a garden flat in New Barnet with a leasehold unexpired of 78 years. I am curious about how much it will cost me to extend my leasehold
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a 2 bed flat in New Barnet, where the lease is nearon sixety seven years but she was told by the selling agents that the owner had extended it to 99 years. Only now has she been told the vendor was waiting for her to instruct conveyancers prior to commencing with the lease extension. Seems devious, also it could take a while to sort it all out. Am I reading too much into it?
  • I am the freeholder of a Victorian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy nine years. What are my next steps?
  • Coming up to two years that I have owned my three bedroom second floor purpose built maisonette in New Barnet. I have seventy one years left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost including vat and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my garden flat in New Barnet
  • My husband and I are purchasing a ground floor flat in New Barnet which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to hold on pending registration of the new lease?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom second floor purpose built maisonette in New Barnet
  • Do you handle lease extensions on land? (a plot of land in New Barnet with 82yrs remaining)

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in New Barnet