Sample questions relating to Wedmore Lease Extensions

  • 35k agreed with the landlord’s agents, just trying to find a Wedmore conveyancers for a lease extension. Our flat has around fivety six yrsoutstanding. Are you willing to help us with this situation ?
  • I am fairly sure that our conveyancing practitioners has advised us incorrectly concerning a lease extension and I would like to find out how to complain
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Wedmore, and my lease will reach 67 years this June. 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 looking into the costs of carrying out a lease extension for my GFF in Wedmore, and would like some figures on that.
  • Are you able to advise on the likely financials and the best way to get a lease extension started? I have circa sixety one years unexpired lease and I own a garden flat in Wedmore.
  • I am considering acquiring an auction property and came upon a studio flat in Wedmore. It has just 49 year lease..the seller being mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this except for the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Halifax?
  • We are considering purchasing a one bedroom apartment in Wedmore which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I'm living at mum and dad but have a one bedroom apartment in Wedmore let out which has a 71 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Wedmore for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • My OH and I have been in discussion with our freeholder after having a valuation on our three bedroom second floor purpose built maisonette in Wedmore. We have a 79 year lease and we wish to increase this to 99. The Freeholder has provided 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 solicitors to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I am the freeholder of a property in Wedmore and a leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?
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    Lease Extensions in Wedmore

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