Wadebridge Lease Extensions

Recently asked questions relating to Wadebridge Lease Extensions

I'm about to make an offer on a house in Wadebridge but I'm concerned 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 Nottingham Building Society giving us the mortgage now?

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy six years outstanding.

I have a lease of sixety one years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I have been in touch with my freeholder for a lease extension for my flat in Wadebridge. His has been in contact regarding costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started March 1984.

I have my suspicions that my niece might be having the wool pulled over her eyes. She submitted an offer on a ground floor flat in Wadebridge, where the lease is around 76 years but she was told by the estate agents that the current owner had extended it to 125 years. Only now has she been informed the seller was waiting for her to instruct conveyancers prior to commencing with the lease extension. Sounds odd to me, also it may take time to sort it all out. Am I reading too much into it?

My mortgage lender requires several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Wadebridge... I can find no reference of this in my mortgage guide... is this a normal cost that they charge?

My wife and I are aware that others in the same block had already had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?

Are you able to provide an estimate to extend my aunt’s lease on a maisonette in Wadebridge. She recently got a figure from the landlord for a lease extension but I am unclear whether it is too high.

We currently own a ground floor flat in Wadebridge and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 73 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

We have a maisonette in Wadebridge with a lease of seventy three years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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