Questions and Answers: Walton on the Hill Lease Extensions

  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has fivety nine years residual lease term
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 928 years remaining so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any feedback would be much appreciated.
  • 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 would like to have my residential flat leasehold extension premium assessed. The flat is in Walton on the Hill, and my lease will reach 61 years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • The terms for the lease on my flat in Walton on the Hill are 95 years from 1 Dec 1989. Please supply me me a quote to extend the lease if I give you more specifics please?
  • We acquired a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Walton on the Hill and are therefore deliberating the option of a vesting order. Is this something you can do for us?
  • My flat in Walton on the Hill is up for sale and I have a hopefully firm offer. There is 82 years unexpired on the lease and I want a lease extension. How much will it likely cost to get a lease extension by, say,twenty years
  • I would like some advice on purchasing a leasehold residence. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Walton on the Hill area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • Me and my wife have owned a leasehold flat for approximately fifteen years. There are 58 years left on the lease. After a year of protracted 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 LVT and would appreciate advice.
  • My partner and I are in the throws of buying a home (a maisonette located inWalton on the Hill with share of freehold). Throughout our search, we were always looking at flats that had a minimum ninety years residual lease term. We found a flat we liked and the estate agent assured that the lease was long albeit not specifying a number. This morning our told us the lease only has sixety one years and therefore needs a lease extension. Should we walk away, or do we negotiate our offer?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Walton on the Hill