Questions and Answers: Wealdstone Lease Extensions

  • 20,000 agreed with the freeholder, just trying to find a Wealdstone for a lease extension. Our flat has about 55 yrsoutstanding. How long will this take ?
  • I’m just looking for a 2 bed apartment to buy in the Wealdstone area and was after more information on what the likely fees would be for a lease extension? It has seventy eight years unexpired...
  • I have got a leasehold flat in the Wealdstone area and was curious whether I could get a lease extension. What are your processes and charges. There are fivety four years residual lease term
  • 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 bought a one bedroom apartment in Wealdstone. The lease started in 1997 for 99 years. Now I am wanting to extend the lease. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • Regarding a residence in Wealdstone. GFF maisonette. seventy nine yrs left. I have negotiated a lease extension price of £20k for 135yrs. Landlord also requested Initial Notice which I think should not be necessary. Advice required.
  • We are considering buying a studio flat in Wealdstone which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
  • We know that others in the same building previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on previous prices . This would save on double valuation fees. Is this advisable?
  • We have a one bedroom apartment in Wealdstone with a lease of 60 years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?

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