Walton On Thames Lease Extensions: Q and A’s

  • I bought a flat in Walton On Thames with a leasehold unexpired roughly sixety three years and need to extend it. Please can you advise me of the next steps
  • I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Walton On Thames - I wanted to see if with your services it is possible for this to be extended?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Walton On Thames, and my lease will reach sixety eight years this July. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She submitted an offer on a maisonette in Walton On Thames, where the lease is approximately 55 years but she was told by the estate agents that the homeowner had extended it to 99 years. She has now been told the current owner was holding off for her to appoint conveyancers ahead of instigating the lease extension. Sounds odd to me, also it may take months to sort it all out. Am I reading too much into it?
  • I am looking at purchasing an auction property and found a one bed flat in Walton On Thames. It has just 41 year lease..the seller as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and reduced chance of getting a mortgage with Bank of Scotland?
  • My husband and I are proceeding with a purchase of a three bed flat in Walton On Thames. I was assured that the lease had been lengthened (69 years unexpired lease prior to extension). The description on the listing said "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 homeowner apparently has a quote but no funds to extend and consequently the flat owner intends to exchange and use the 10% deposit for the lease extension. My question is how is possible that the estate agent got it so wrong?
  • I intend to buy a one bed flat in Walton On Thames for asking price of 125k, which has sixety three years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am hoping to extend the lease on my maisonette in Walton On Thames I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I own the freehold reversion of a property in Walton On Thames where the leaseholder would like a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer has suggested a much higher figure. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • I have a lease of seventy years remaining on my flat in Walton On Thames. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Walton On Thames