Whetstone Lease Extensions

Common questions relating to Whetstone Lease Extensions

My wife has a flat based in Whetstone which we have just put on the market. The leasehold has approximately fivety six years remaining on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Thank you.

I am looking to buy a three bed flat in Whetstone with a lease of 77 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

Regarding a residence in Whetstone. GFF maisonette. fivety eight yrs left. I have negotiated a lease extension price of £14k for 135yrs. Freeholder also requested Section 42 Notice which I think is a bit over the top. Can you assist.

Me and my OH are considering purchasing a garden flat in Whetstone which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease ends, 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?

Just been over two years that I have been in my studio flat in Whetstone. I have fivety five years left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?

My husband and I are are hoping to complete on a studio flat in Whetstone which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced extending the lease. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our solicitors to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to wait pending registration of the new lease?

Me and my sister are in the throws of buying a property (a garden flat located inWhetstone with share of freehold). Throughout our search, we were always looking at properties that had at least ninety years balance left. We found a flat we liked and the estate agent promised us that the lease was long albeit not specifying a number. This morning our conveyancers told us the lease only has 64 years and therefore requires a lease extension. Should we run away, or should we negotiate our offer?

I am currently negotiating a lease extension for my flat in Whetstone as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

We have a 2 bed flat in Whetstone with a lease of 78 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

I'm looking for some advice with regard to a lease extension on my garden flat in Whetstone. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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