Top Ten Questions relating to Watlington Lease Extensions

  • I am looking to purchase a two bedroom second floor purpose built flat in Watlington with a lease of fivety five years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Watlington, and my lease will reach 58 years this May. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I am going to purchase a flat based in Watlington. The offer is conditional upon a lease extension. The owner’s solicitors has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?
  • Is it possible to talk with you about an apartment in Watlington, I am thinking of bidding at auction in the next few days. The flat has a short lease and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I have a share of the freehold. There are four apartments in the house. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
  • My brother and I would like to know the cost of a lease extension valuation for a property based in Watlington. Would you be able to help?
  • My partner and I are in the throws of buying a flat (a one bedroom first floor purpose built maisonette located inWatlington with share of freehold). During our search, we were always looking at properties that had at least eighty five years outstanding. We came across a flat we liked and the selling agent assured that the lease was long albeit not specifying a number. Today our conveyancing practitioners informed us the lease only has seventy three years and thus requires a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my two bedroom ground floor purpose built flat in Watlington
  • We have a one bedroom apartment in Watlington with a lease of seventy one years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?
  • I have a lease of sixety five years remaining on my flat in Watlington. 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 Watlington

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