Our team of surveyors are passionate about inspecting properties in Wood Green whether it be as part of a pre-purchase survey, to establish a property’s value or to prepare a schedule of condition prior to works commencing next door.
If you are planning a building project in Wood Green you’ve probably started thinking about party wall procedures. The first step is to establish whether the works fall within the scope of the Act – if you’d like us to do that for you, free of charge, just send us copies of the drawings and we’ll normally come back to you within 24 hours. If you’re on the other side of the wall, we can also assist if you’ve decided that you need to appoint a surveyor or just need some initial advice without obligation.
Our client was purchasing a flat on a 86 year lease to the east of Wood Green and intended to have the seller start the lease extension process prior to exchange and continue the process after completion (this is called assigning the benefit of the S42 notice). Time was of the essence so our Senior Surveyor Matthew Price promptly inspected the property and calculated the premium for a statutory lease extension i.e. an additional 90 years and peppercorn ground rent. Where the subject property is under offer, it typically is the strongest comparable evidence for what the extended lease value is, subject to adjustments for the condition and lease term.
Whilst the client awaits the freeholder’s counter-offer, extensions where the lease is greater than 80 have very narrow premium ranges so mathematically it is very difficult for the freeholder to argue much higher than what the leaseholder’s valuer deems reasonable. The client thanked Matthew for the ‘Prompt and efficient service’ and promised to recommend us in the future.Read the full review
One of our specialist lease extension valuation surveyors, Steve Hobbs, recently completed a lease extension valuation and negotiation acting for the leaseholder of flat on Muswell Hill Broadway in Muswell Hill, to the west of Wood Green.
The freeholder’s representatives were particularly difficult to deal with, refusing to engage with the negotiation process for a number of months. Steve was able to guide the client through the statutory process and eventually, threatened with the prospect of a Tribunal hearing, the freeholder’s valuer engaged with the process, and a settlement was agreed which was in line with Steve’s initial valuation.
The client was pleased with the outcome, stating; “Their valuation report was prompt and clear. I signed up to their negotiation service and their strategy was tailored to my needs. Strongly recommended.”Read the full review
You can read further reviews from our clients in and around Wood Green on our Google Business page
Wood Green is a residential suburb in the London Borough of Haringey. If you have ever driven through the area you will know that central Wood Green is dominated by Wood Green Shopping City; as well as containing many of the top high street names there is also a multi screen cinema complex.
There are not any parks with Wood Green itself although Wood Green Common and Rose Garden, to the west of the High Road in the direction of Alexandra Palace, is a very pleasant setting if you enjoy a good read in the open air.
Wood Green has many of the attributes of an area that is on the up; a good stock of period properties, coffee shops opening, interesting restaurants and improving public services. This is in sharp contrast to its old image when it resembled a nuclear testing site. Wood Green Tube Station is situated in Zone 3 of the Piccadilly line from where you can travel to Central London in about 15 minutes.
Leading London-based party wall specialists with a 35+ year history.
Breadth & depth of expertise provided by experienced team of RICS surveyors.
Straight forward and honest professional, impartial advice.
Up-to-date understanding of best practice and case law through training and CPD.
Members of relevant governing bodies – RICS, FPWS, P&T.