FAQs concerning Shenley Brook End Lease Extensions

  • I have an interest in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm wondering about the the process
  • We hope to sell our two bedroom second floor purpose built flat in Shenley Brook End but we may need to extend the lease, or possibly cover the expense of our buyers. Can you suggest a to assist?
  • I invested in buying a ground floor flat in Shenley Brook End. I am looking to extend lease on the property. It is roughly eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • I will soon view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 60 years unexpired on the lease. It is also a repo so I'm assuming that the bank will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • My mortgage provider is requesting several hundred pounds for their to agree a lease extension for my flat in Shenley Brook End... I am unable to find any reference of this in my mortgage literature... is this a normal charge?
  • We wish to extend our lease. We will have been in the property for two years as of 11th April 2016. It has just under 57 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • I am looking to buy a one bed flat in Shenley Brook End for asking price of 125k, which has seventy seven years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to buy in Shenley Brook End. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the garden area.
  • My wife and I are purchasing a garden flat in Shenley Brook End which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of extending the lease. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do OS1 search on the property title. The problem 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 lease title number has not been issued. Is it correct that we have to wait pending registration of the new lease?
  • I have 72 years remaining on my lease of a ground floor flat in Shenley Brook End, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

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