Watton Lease Extensions: Q and A’s

  • I am looking for a in Watton and they need to be on the Alliance & Leicester approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend any please ?
  • I purchased a garden flat in Watton. The start date for the lease was in 1998 for 99 years. Now I am looking for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Watton and are therefore deliberating the option of a vesting order. Is this something you can help us with?
  • I have a leasehold apartment in Watton. I have built a big extension and have not informed my leaseholder. What should I do?
  • I am a freeholder of a block of flats in Watton, and the tenants are in the process of being given lease extensions. I should hopefully get the money next month. Are there any tax implications, the property is in joint names with my partner ?
  • I own a share of the freehold. There are three apartments in the house. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
  • My OH and I are considering buying a garden flat in Watton which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I intend to buy a one bed flat in Watton for asking price of 145k, which has 74 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. 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'm intent on buying an apartment in Watton at a price of £210,000 the flat has something like 77 years remaining on the lease. I put in an offer subject to a lease extension... .. that was back in June, expecting I'd have moved in before Christmas. The seller has just come back saying they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • I am planning on refinancing my garden flat in Watton and the bank that I am looking to move to requires a minimum 80 years remaining on the lease in order for them to progress matters. I have found that I currently have around 66 years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Watton