Old Woking Lease Extensions

Questions and Answers: Old Woking Lease Extensions

I acquired a flat in Old Woking with a leasehold unexpired around sixety nine years and need a lease extension. Please can you advise me of the next stages

I own a leasehold flat in the Old Woking area and was wondering if I could obtain a lease extension. What are your processes and fees. There are seventy four years residual lease term

I want to acquire a leasehold property and lease extension. The seller has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

How much will it cost me and what is the best way to start the lease extension process? I have around fivety six years left on my lease on a 2 bed flat in Old Woking. I have contacted the managing agents who represent the head landlord and they sent me the number for the surveyor. I telephone the valuer but I am not getting any kind of answer.

We have a first floor flat in Old Woking with seventy eight years left. Last year we were quoted a deal to grant a lease extension for another 25 years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of approximately 14k. Finally we have decided to go ahead but do we now have to renegotiate?

My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

My father has a share of freehold, with two other leaseholders in a building in Old Woking. House split into three apartments. He has a lease, which has around 71 yrs outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

We are are hoping to complete on a one bedroom ground floor purpose built maisonette in Old Woking which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our solicitors to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must hold on until the lease extension has actually been registered before completing.?

I have 70 years remaining on my lease of a ground floor flat in Old Woking, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom second floor purpose built maisonette in Old Woking

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Old Woking