Wedmore Lease Extensions

Sample questions relating to Wedmore Lease Extensions

My name´s Matthew. I’m property hunting in Wedmore I'm seeing a ground floor flat online, with about fivety six years left, how much will it likely cost to get a lease extension by, say, ninety years?

I have got a leasehold flat in the Wedmore area and was curious whether I could obtain a lease extension. What are your processes and charges. There are seventy years outstanding

I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 63 years residual lease term.

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 899 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 owning the property. Any guidance would be much appreciated.

I acquired a garden flat in Wedmore. The lease started in 2001 for 99 years. Now I am looking for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?

I am the registered owner of a ground floor flat in Wedmore. I am looking to extend lease on the property. It is approaching eighty one years. I would just like to know what your charges are and how long it would take for completion.

I have a share of the freehold. There are five apartments in the block. All the leaseholders are now seeking lease extensions. What's your legal fee?

I am the freeholder of a Victorian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 57 years. What are my next steps?

My partner and I are are hoping to complete on a ground floor flat in Wedmore which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced extending the lease. 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 conveyancing process is for our to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we must wait until the new lease is registered?

I have fivety eight years remaining on my lease of a ground floor flat in Wedmore, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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