News article published on: 20th June 2012
A road in St John’s Wood has been named London’s most “dug-out” street with 24 applications for full scale basement applications since 2000, with three being worked on currently.
Since 2000 swimming pools, gyms, cinema rooms, car parks and staff accommodation have been created underground.
Such development has led to one home being on the open market for £37.5 million – making it one of the most expensive properties in London.
The trend in basement extensions has however caused concern for some neighbours who say they are fed up with the sound of drilling beneath their feet.
Do you need help with a property dispute?
If you are currently involved in a property dispute with a neighbour, landlord, managing agent, tenant or even a builder; the property litigation team at Osbornes can assist you in resolving this issue as quickly as possible. Contact us for a confidential chat on your matter.
Want to extend your lease?
One of the most common disputes between a leaseholder and freeholder is theextension of a lease, or when as a collective, leaseholders wish to buy the freehold of a building, called enfranchisement.
Our property litigation solicitors offer advice and assistance on lease hold enfranchisement and lease extensions. We are happy to arrange a visit to your block to discuss the matter with the leaseholders or resident’s association. If you are yet to set up a residents association we can also assist you with this. The firm is also a founding member of the Association of Leasehold Enfranchisement Practitioners.
TO FIND OUT HOW MUCH IT MAY COST YOU TO EXTEND YOUR LEASE TRY OUT OUR LEASE EXTENSION CALCULATOR
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