St Werburghs Lease Extensions: Q and A’s

  • 40k agreed with the freeholder, just attempting to find a St Werburghs for a lease extension. Our flat has about 76 yearsoutstanding. How long will this take ?
  • Hello, I just randomly found this website. I'm looking for prices on what a lease extension will cost for a maisonette in St Werburghs. It's up for sale at the moment but has nearon 56 years left on the lease
  • I have got a leasehold flat in the St Werburghs area and was curious whether I could obtain a lease extension. What are your processes and charges. Has sixety one years left
  • 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?
  • We have a GFF located in St Werburghs. There is 80 years remaining on the lease and we want a lease extension. What does it cost on average to get a lease extension by, say,thirty years
  • We are looking to extend our lease. We will have been in the property for 2 years as of 22nd May 2016. It has circa 76 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
  • Me and my OH had entered into buying a garden flat in St Werburghs. I was advised by the EA that the lease extension had already been completed while on a viewing (63 years remaining prior to extension). The sales particulars stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The flat owner apparently has a quote but no money to extend and consequently the homeowner intends to exchange and use the 10% deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?
  • I am looking to buy a one bed flat in St Werburghs for asking price of 145k, which has seventy six years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety seven years. I need a at my end. Can you advise please? I live near St Werburghs and have a mortgage with Clydesdale.
  • I'm living at parents but have a studio flat in St Werburghs let out which has a seventy seven 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 St Werburghs 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 19k. Not sure sure whether to hold on or sell the flat?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in St Werburghs