Common questions relating to Watford Lease Extensions

  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 55 years unexpired.
  • My neighbours and I are in a block made up four flats in Watford and have been offered to buy the freehold for £3,500 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?
  • What will I need to spend and what is the best way to get a lease extension started? I have just over sixety eight years unexpired lease on my lease on a two bedroom ground floor purpose built maisonette in Watford. I have called the agent who act on behalf of the freeholder and they gave me the number for the surveyor. I left a phone message for the valuer but I am not receiving any calls back.
  • I am a landlord of a block of flats in Watford, and the leaseholders are in the process of being issued lease extensions. I should hopefully get the money next week. Are there any tax implications, the property is in joint names with my husband ?
  • My husband and I are considering purchasing a garden flat in Watford which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • We would like to know the cost of a lease extension valuation for a property based in Watford. Would you be able to help?
  • I'm living with my mum and dad but have a garden flat in Watford let out which has a seventy four 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 Watford 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. Not sure sure whether to hold on or sell the flat?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my studio flat in Watford
  • I'm intent on buying a flat in Watford valued at £195,000 the flat has approximately sixety six years unexpired on the lease. My offer was subject to the lease being extended... .. that was back in November, expecting I'd have completed by now. The owner has just informed me they are willing to knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Watford for a one bed flat - section 42 having been issued?
  • Other Topics

    Lease Extensions in Watford

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Watford