Questions and Answers: Wealdstone Lease Extensions

  • I have just bought a studio flat located inWealdstone and I'm thinking about a lease extension as soon as I can e.g. in 24 months of ownership
  • My name´s Edward. I’m flat hunting in Wealdstone I'm seeing a garden flat online, with about 59 years left, how much does it cost on average to get a lease extension by, say, ninety years?
  • I am a FTB of a leasehold flat in Wealdstone. The lease has only seventy years outstanding and ground rent is £95. Is it possible for the vendor to serve the Section 42 Notice and then transfer this right to me as the purchaser once I complete the buying process so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the owner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
  • My leasehold flat in Wealdstone is up for sale and I have a hopefully firm offer. There is 82 years to run on the lease and I want to extend the lease. What will it likely cost to get a lease extension by, say,fifty years
  • We would like to extend our lease. We will have been in the flat for two years as of 1st March 2015. It has circa 77 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
  • My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Me and my wife have been in discussion with our freeholder after having a valuation on our ground floor flat in Wealdstone. We have a sixety six year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • My partner and I are acquiring a one bedroom apartment in Wealdstone which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our lawyers to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we must wait until the lease extension has actually been registered before completing.?
  • I am planning on remortgaging my garden flat in Wealdstone and the next lender that I am looking to move to needs at least 85 years on the leasehold of my property in order for them to take the mortgage forward. I have discovered that I currently have around 65 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wealdstone