Questions and Answers: Weldon Lease Extensions

  • I inherited a studio flat in Weldon that I now cannot sell due to the lease needing a lease extension. How long will it take ?
  • I’m about to offer on a ground floor flat to purchase in the Weldon area and was enquiring how much would it cost to extend a lease? It has 57 years as a balance left...
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has fivety five years balance left.
  • I am the registered owner of a garden flat in Weldon with a leasehold unexpired of 67 years. I am wondering about how much it will cost me to extend my lease
  • I am looking into the costs of carrying out a lease extension for my garden flat in Weldon, and would like some figures on that.
  • I'm looking for an apartment to purchase in Weldon and I'm not really familiar with the leasehold title. I've found a maisonette I like with a 82 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
  • I am a FTB of a leasehold flat in Weldon. The lease has just 60 years left and ground rent is £95. Is it possible for the flat owner to serve the Section 42 Notice and then transfer over the right to me as the purchaser on the day of completion so that I can avoid waiting 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 is achievable but will it be very time costly to the flat owner? Unfortunately the landlord can not be found, so I am not sure how does it work.
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • My sister is worried about seeking a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were followed under the 1993 Act, the freeholder still attempted to charge ground rent of £300 increasing by 100% every 25 years of the new term. Can you assist?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom first floor purpose built maisonette in Weldon

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