Top Ten Questions relating to Palmers Green Lease Extensions

  • I’m just looking for a one bedroom first floor purpose built flat to buy in the Palmers Green area and was after more information on how much would it cost for a lease extension? It has seventy five years left...
  • Hello, I stumbled across this website. I'm seeking prices on what a lease extension will cost for a one bedroom apartment based in Palmers Green. It's up for sale at the moment but has nearly sixety nine years left on the lease
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 57 years unexpired.
  • I have my suspicions that my niece is being hoodwinked. She put in an offer on a ground floor flat in Palmers Green, where the lease is around 65 years but she was told by the selling agents that the current owner had extended it to 125 years. Only now has she been told the homeowner was holding off for her to retain lawyers prior to commencing with the lease extension. Sounds odd to me, also it will take a while to sort it all out. Am I being too sceptical?
  • My mortgage provider requires a £450 fee for their solicitors for a "deed of substituted security" for the lease extension for my flat in Palmers Green... I am unable to find any mention of this in my mortgage guide... is this a normal charge?
  • My fiance and I had entered into a purchase of a three bed flat in Palmers Green. I was advised by the EA that the lease extension had already been completed while on a viewing (77 years left prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The current owner supposedly has a quote but no money to extend as a result the vendor intends to exchange and use the my deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?
  • I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Palmers Green. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Just been over 2 years that I have owned my maisonette in Palmers Green. I have sixety six yrs unexpired lease on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my one bedroom first floor purpose built maisonette in Palmers Green
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Palmers Green for a one bed flat - sec 42 having been issued?
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    Lease Extensions in Palmers Green

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