Washington Lease Extensions: Q and A’s

  • I am looking for a lease extension on the lease on my garden flat in Washington which will have sixety three years outstanding in August. What fees do you charge for this?
  • 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 bought a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Washington and are therefore deliberating the option of a vesting order. Is this something you can help us with?
  • In 2010 I purchased a leasehold apartment in Washington. I have built a large extension and have not informed my leaseholder. What should I do?
  • I'm looking for an apartment to buy in Washington and I'm not really familiar with the leasehold arrangement. I've found a garden flat I like with a 91 years lease. My research reveals that I can apply for a lease extension after a couple of years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • We have a residential flat in Washington with seventy three years unexpired. Ten months ago we were quoted a deal to have a lease extension for another thirty years but also increase ground rent from nominal to £200 per annum..plus a premium I think of approximately 14k. Finally we have decided to proceed but do we now have to renegotiate?
  • I'm intent on buying a flat in Washington valued at £256,000 the flat has just under sixety five years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in August, hoping I'd be in by Christmas. They have just come back saying they'll reduce the price by£8k if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Washington. I occupy in the top flat. I was looking at the title deeds today when I noticed that my flat is leasehold. There is 61 years residual lease term. If I want to do a lease extension then would I just be paying for the property lawyers fees?
  • I am planning on refinancing my three bedroom ground floor purpose built flat in Washington and the bank that I am looking to move to requires at least 80 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around sixety nine years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • I have a lease of 65 years remaining on my flat in Washington. 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?
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    Lease Extensions in Washington

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