Winchmore Hill Lease Extensions Example Support Desk Enquiries

  • I own a leasehold flat in the Winchmore Hill area and was enquiring if I could obtain a lease extension. What are your processes and fees. Has 66 years left
  • We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 899 years balance left 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.
  • I am the registered owner of a studio flat located in Winchmore Hill with a leasehold unexpired of 61 years. I am enquiring about how much it will cost me to extend my leasehold
  • My neighbours and I are in a block comprising three flats in Winchmore Hill 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?
  • I need to talk to you about a flat in Winchmore Hill, I am considering bidding at auction next month. The flat only has a few years left and I am curious about how much it would cost to get a lease extension and for your services.
  • I am looking to either purchase the freehold or a lease extension of my property in Winchmore Hill and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Barclays to free up equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease started in 1979 and since then the ground rent has been raised from £38.00 per year to £125 per year.
  • I am about to view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 77 years remaining on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • My mortgage lender is requesting several hundred pounds for their property lawyers to agree a lease extension for my flat in Winchmore Hill... I can find no reference of this in my mortgage booklet... is this a standard charge?
  • I'm living at mum and dad but have a maisonette in Winchmore Hill let out which has a sixety 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 Winchmore Hill 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?
  • I have a lease of 69 years remaining on my flat in Winchmore Hill. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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