FAQs concerning Stamford Hill Lease Extensions

  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 899 years remaining so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any advice would be much appreciated.
  • The terms for the lease on my flat in Stamford Hill are 95 years from 10 Feb 1980. Please supply me me a quote to extend the lease if I give you more details please?
  • I invested in buying a two bedroom first floor purpose built flat in Stamford Hill. I am looking to extend lease on the property. It is approaching 80 years. I would just like to know what your charges are and how long the process takes.
  • I am a freeholder of a block of flats in Stamford Hill, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving the money next week. As I am not on self assessment do I contact HMRC ?
  • We have a GFF located in Stamford Hill. There is eighty years remaining on the lease and we want to extend the lease. What does it cost on average to extend in this location by, say,ninety years
  • We are considering purchasing a ground floor flat in Stamford Hill which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I am looking to buy a one bed flat in Stamford Hill for asking price of 125k, which has seventy nine years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Stamford Hill. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • My brother and I are in the throws of buying a flat (a one bedroom apartment based inStamford Hill with share of freehold). Throughout our search, we were always looking at flats that had a minimum 83 years left on the lease. We came across a flat we liked and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our advised us the lease only has seventy seven years and thus requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • Do you handle lease extensions on land? (a plot of land in Stamford Hill with 82yrs remaining)

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