Recently asked questions relating to Weldon Lease Extensions

  • I want to acquire a leasehold property and lease extension. The current owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • The terms for the lease on my apartment in Weldon are 95 years from 1 Sep 1990. Can you give me a quote to extend the lease if I give you more details please?
  • I am looking into the costs of carrying out a lease extension for my GFF in Weldon, and would like some figures on that.
  • Is it possible to talk with you about a leasehold property in Weldon, I am thinking of bidding at auction in the next few days. The flat only has a few years remaining and I am curious about what it would cost to get a lease extension and for your services.
  • Me and my partner are considering purchasing a one bed flat in Weldon which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • My partner and I would like to know the cost of a lease extension valuation for a property based in Weldon. Is this something you can help us with?
  • I'm living with my mum and dad but have a maisonette in Weldon let out which has a 63 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 Weldon 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 21k. Should I keep or sell the flat?
  • Hi I own the freehold title in a one bedroom flat in Weldon. The leaseholder has a 73 year lease and would like to purchase another 125 years. She is offering me £21,000 but I am unsure if this is in the right ballpark
  • I am currently negotiating a lease extension for my flat in Weldon 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 garden flat in Weldon with a lease of 77 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Weldon

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