FAQs concerning Wells Lease Extensions

  • Me and my partner have just completed on a ground floor flat located inWells and I'm thinking about extending the lease as soon as practicable e.g. after a couple of years
  • I am looking for a lease extension on the lease on my ground floor flat in Wells which will have 55 years left in January. What fees do you charge for this?
  • I have got a leasehold flat in the Wells area and was curious if I could get a lease extension. What are your processes and charges. There are 59 years unexpired
  • The intention is to sell our ground floor flat in Wells but we may need a lease extension, or possibly cover the costs of our purchaser. Are you able to help me find someone to handle this?
  • My mortgage provider is requesting a £450 fee for their for a "deed of substituted security" for the lease extension for my flat in Wells... I can find no mention of this in my mortgage booklet... is this a usual fee to pay?
  • I am a landlord of a block of flats in Wells, and the tenants are in the process of being given lease extensions. I should hopefully get funds next month. Are there any tax implications, the property is in joint names with my wife ?
  • I own a purpose-built flat based in a large development in Wells. The leasehold interest in the apartment on a 99 year lease started on 21st March 1970 with a set yearly rent of 20. I wish to obtain a lease extension. Can I talk with someone to go through my options please?
  • We have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Wells. We have a fivety four 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 to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Me and my OH are purchasing a one bed flat in Wells which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. 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 concern 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 is not known. Is it correct that we must be patient pending registration of the new lease?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bed flat in Wells
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wells