Top Ten Questions relating to Wavertree Lease Extensions

  • Hi, I am looking somewhere around or in Wavertree 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 798 years outstanding 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 the house being ours. Any help would be much appreciated.
  • I bought a studio flat based in Wavertree with a leasehold unexpired of sixety seven years. I am enquiring about what I will need to spend to extend my leasehold
  • Offer accepted on a a garden flat in Wavertree, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as eighty years.Contracts were due to be exchanged in a couple of days. My question is how is possible that the estate agent got it so wrong?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to buy in Wavertree. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.
  • I have a flat in Wavertree with 66 years left on the lease. I need a lawyers to help me achieve a lease extension. Can you assist?
  • We are purchasing a one bed flat in Wavertree which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our solicitors to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must wait pending registration of the new lease?
  • We currently own a garden flat in Wavertree and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 67 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Wavertree as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • We have a one bed flat in Wavertree with a lease of seventy one years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Wavertree

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