Old Woking Lease Extensions: Q and A’s

  • I have an interest in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm enquiring about the the process
  • I own a leasehold flat in the Old Woking area and was curious whether I could obtain a lease extension. What are your processes and charges. Has seventy eight years outstanding
  • I purchased a two bedroom ground floor purpose built maisonette based in Old Woking with a leasehold unexpired of seventy nine years. I am curious about what I will need to spend to extend my leasehold
  • I purchased a three bedroom ground floor purpose built maisonette in Old Woking. The lease started in 1997 for 99 years. Now I am wanting for a lease extension. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • I'm thinking of purchasing a three bedroom second floor purpose built maisonette (leasehold) but the landlord has been absent for circa 15yrs. I wonder whether it will be less expensive to try to acquire the freehold or to extend lease and apply for right to manage?
  • Re a leasehold in Old Woking. lower maisonette. sixety nine yrs remaining. I have an agreed lease extension to £12,000 for 135yrs. Landlord also requested Notice of Claim which I think should not be required. Can you assist.
  • We are looking to extend our lease. We will have been in the flat for two years as of 1st Jan 2016. It has nearly sixety six years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as is reasonably achievable.
  • I do not need a lease extension but I do need a vesting order on a property I want to buy in Old Woking. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1895. Its the rear garden.
  • If a leaseholder owns a flat with a lease of less than 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 doing it?
  • I'm hoping for some help concerning extending the lease on my maisonette. The intention is to do this sometime next year as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Old Woking

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