FAQs concerning Wood Green Lease Extensions

  • I bought a flat in Wood Green with a leasehold unexpired around 59 years and need a lease extension. Please can you clarify the next steps
  • Hi, I just randomly found this site. I'm seeking prices on what it cost to extend a lease of a garden flat located in Wood Green. It's on the market at the moment but has roughly 65 years left on the lease
  • I am the registered owner of a three bedroom second floor purpose built maisonette in Wood Green. I am looking for a lease extension on the property. It is roughly 80 years. I would just like to know what your charges are and how long it would take for completion.
  • I have a leasehold flat in Wood Green. I have built a large extension and have not informed the freeholder. What should I do?
  • Ref a leasehold in Wood Green. GFF maisonette. 76 yrs unexpired. I have negotiated a lease extension price of £20k for 135yrs. Landlord also insisted on Section 42 Notice which I think is a bit over the top. Advice required.
  • I am hoping to extend the lease on my maisonette in Wood Green I am looking for help to verify the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • Just been over two years that I have been in my maisonette in Wood Green. I have 74 yrs remaining on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • We are concerned about obtaining a lease extension from tricky freeholder. Notwithstanding that the correct procedures were followed under the appropriate legislation, the freeholder still tried to charge ground rent of £300 increasing by 100% every twenty years of the new term. Can you assist?
  • We know that others in the same block had already had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on previous prices . This would save on double valuation fees. Would you recommend such a course of action?
  • I have 60 years remaining on my lease of a ground floor flat in Wood Green, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Wood Green

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