High Wycombe Lease Extensions: Q and A’s

  • 35k agreed with the landlord’s agents, just trying to find a High Wycombe for a lease extension. Our lease has about seventy one yrsoutstanding. Can you please help us with this situation ?
  • I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in High Wycombe - I wanted to see if with your services it is possible for this to be extended?
  • I want to acquire a leasehold property and extend the lease. The vendor has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • My co-lessees and I are in a building made up four flats in High Wycombe 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 am looking into the costs of carrying out a lease extension for my two bedroom first floor purpose built flat in High Wycombe, and would like some figures on that.
  • I am looking to either purchase the freehold or a lease extension of my property in High Wycombe and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with Barclays Direct to free up equity. My broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease started in 1972 and since then the ground rent has increased from £15.00 per annum to £200 per year.
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • My sister knows that others in the same block previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Would you suggest this course of action?
  • I have fivety eight years remaining on my lease of a ground floor flat in High Wycombe, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my two bedroom first floor purpose built maisonette in High Wycombe

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