Sample questions relating to Wells Lease Extensions

  • I bought a maisonette in Wells that I now cannot sell due to the lease needing a lease extension. How long will it take ?
  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leaseholders want a lease extension and I'm wondering about the procedure for this
  • I'm intending to make an offer on a house in Wells but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Virgin Money giving us the mortgage now?
  • I am about to put an offer in on a 2 bed flat in Wells with a lease of 64 years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am the owner of a maisonnette and the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Wells, and my lease will reach sixety six years this October. 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 have been in touch with my freeholder to extend my lease for my flat in Wells. His solicitors has been in contact regarding costs etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started April 1985.
  • I am about to view a two bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 75 years left on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • Regarding a residence in Wells. GFF maisonette. 70 yrs remaining. I have an agreed lease extension to £20k for 135yrs. Landlord also requested Section 42 Notice which I think should not be required. Can you assist.
  • I have 54 years remaining on my lease of a ground floor flat in Wells, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • Other Topics

    Lease Extensions in Wells

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