Lease Extensions in Wood Green

Wood Green Lease Extensions: Q and A’s

I own a leasehold flat in the Wood Green area and was enquiring if I could obtain a lease extension. What are your processes and fees. Has sixety three years balance left

I'm about to make an offer on a house in Wood Green but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Birmingham Midshires giving us the mortgage now?

We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 899 years balance left 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 correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any suggestions would be much appreciated.

I have a lease of sixety years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I purchased a maisonette in Wood Green. The lease commenced in 1997 for 99 years. Now I am looking to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?

We purchased a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Wood Green and looking to do a vesting order. Is this something you can help us with?

I am a landlord of a block of flats in Wood Green, and the leaseholders are in the process of being issued lease extensions. I should hopefully get funds next month. Are there any tax implications, the property is in joint names with my husband ?

My partner and I have a leasehold flat in Wood Green with 72 years unexpired. Ten months ago we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from notional to £250 per year..plus a premium I think of about 9k. Finally we have decided to go ahead but do we now have to renegotiate?

My brother has a share of freehold, with two other leaseholders in a building in Wood Green. House converted into three apartments. He has a lease, which has slightly less than 65 years outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

My and my husband are concerned about getting a lease extension from a difficult landlord. Notwithstanding that the correct procedures were adhered to under the appropriate legislation, the landlord still tried to charge ground rent of £250 doubling every twenty five years of the new term. Can you help?

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