Sample questions relating to Walton Lease Extensions

  • I am considering investing in a second home but it has a lease that expires in twenty years. Its in Walton - I wanted to see if with your services it is possible for this to be extended?
  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has 58 years residual lease term
  • I'm deliberating over purchasing a one bed flat (leasehold) but the freeholder has been absent for nearly 15yrs. My query is would it be less expensive to try to acquire the freehold or to extend lease and apply for right to manage?
  • I am about to view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy nine years balance left on the lease. It is also a repo so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • Me and my OH have owned a leasehold flat for around twenty years. There are 62 years outstanding on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • Me and my OH would like to know the cost of a lease extension valuation for a property based in Walton. Is this something you can help us with?
  • I'm living at parents but have a one bedroom second floor purpose built maisonette in Walton let out which has a sixety five 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 Walton 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 13k. Should I keep or sell the flat?
  • If somebody owns a flat with a lease of under 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 looking at purchasing an apartment in Walton at a price of £210,000 the flat has approaching 55 years left on the lease. My offer was conditional upon a lease extension... .. that was back in November, expecting I'd be in by now. The owner has just informed me they are willing to knock £3k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • We have a garden flat in Walton with a lease of fivety five years left with a value of around £290000 we want to add 125 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 Walton