FAQs concerning Old Woking Lease Extensions

  • 20,000 agreed with the landlord, just trying to find a Old Woking conveyancing practitioners for a lease extension. Our lease has around 71 yearsremaining. What's your solicitors fee ?
  • I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in Old Woking - I wanted to see if with your services it is possible for this to be extended?
  • I'm wanting to make an offer on a house in Old Woking but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Yorkshire Building Society giving us the mortgage now?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I bought a one bedroom apartment in Old Woking. I am looking to extend lease on the property. It is about 80 years. I would just like to know what your charges are and how long the process takes.
  • Re a leasehold in Old Woking. upper maisonette. seventy nine yrs unexpired. I have negotiated a lease extension price of £20k for 125yrs. Freeholder also requested Initial Notice which I think is a tad over the top. Advice required.
  • I'm living with my mother and father but have a garden flat in Old Woking let out which has a 62 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Old Woking for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • My OH and I are buying a garden flat in Old Woking which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The vendor 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 a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must be patient pending registration of the new lease?
  • I am the freeholder of a property in Old Woking where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • My and my husband are worried about seeking a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the freeholder still attempted to charge ground rent of £250 increasing by 100% every twenty years of the new lease. Can you help?
  • Other Topics

    Lease Extensions in Old Woking

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