Watford Lease Extensions Example Support Desk Enquiries

  • My name´s Omar. I’m property hunting in Watford I'm seeing a garden flat online, with slightly more 59 years remaining, how much does it cost on average to extend in this location by, say, 35 years?
  • I have got a leasehold flat in the Watford area and was enquiring if I could get a lease extension. What are your processes and charges. There are seventy six years outstanding
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 798 years residual lease term so a lease extension is not required. 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 twenty years without the house being ours. Any help would be much appreciated.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Watford, and my lease will reach sixety three years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • Possibly made an error, I am actually looking for a in Watford who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
  • I am a first time buyer of a leasehold flat in Watford. The lease has just fivety six years remaining and ground rent is £25. Is it possible for the current owner to serve the Notice of Claim and then transfer this right to me as the buyer on the day of completion so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the owner? Unfortunately it’s the case of an missing landlord, so I am not sure how this will play out.
  • I am concerned that my niece is being hoodwinked. She submitted an offer on a one bedroom apartment in Watford, where the lease is around 54 years but she was told by the selling agents that the flat owner had extended it to 125 years. Only now has she been informed the homeowner was holding off for her to instruct solicitors prior to commencing with the lease extension. Sounds underhand, also it could take a while to sort it all out. What do you think?
  • We have a leasehold flat in Watford with 75 years left. Ten months ago we were quoted a deal to receive a lease extension for another fifty years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of approximately 9k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • I am the freeholder of a property in Watford where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has upped this by £2,000 without too much effort. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
  • I have 59 years remaining on my lease of a ground floor flat in Watford, 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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