Northfield Lease Extensions

Sample questions relating to Northfield Lease Extensions

I have shares in the freehold of buildings comprising of 8 flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the the process

Hi. I need someone to review my lease extension ahead of it being completed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor changes.

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 been in touch with my freeholder to extend my lease for my flat in Northfield. Her has been in contact with costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started October 1985.

My co-lessees and I are in a block consisting of five flats in Northfield and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I have a leasehold apartment in Northfield. I have built a large extension and have not informed my leaseholder. What should I do?

Offer accepted on a a studio flat in Northfield, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as 85 years.Contracts were due to be exchanged within a week. My question is Should I tell the owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?

I'm living with my mother and father but have a 2 bed flat in Northfield let out which has a 69 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 Northfield 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. Should I keep or sell the flat?

We currently own a garden flat in Northfield 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 fivety nine 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. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

We have a one bedroom apartment in Northfield with a lease of fivety seven years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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