FAQs concerning Wembley Park Lease Extensions

  • My name´s Luca. I’m flat hunting in Wembley Park I'm deliberating offering on a garden flat online, with nearly fivety nine years unexpired lease, how much will it likely cost to extend in this area by, say, 45 years?
  • Hi, I stumbled across your website. I'm seeking prices on what a lease extension will cost for a studio flat located in Wembley Park. It's up for sale at the moment but has around seventy eight years of unexpired leasehold
  • I need to talk to you about a leasehold property in Wembley Park, I am thinking of buying at auction next week. The flat only has a few years unexpired lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I'm looking for an apartment to buy in Wembley Park and I'm not really familiar with the leasehold tenure. I've identified a garden flat I like with a 87 years lease. I've read that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
  • My OH and I are considering purchasing a maisonette in Wembley Park which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • I an interested in finding out more about purchasing a leasehold residence. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Wembley Park area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • Me and my fiance would like to know the cost of a lease extension valuation for a property based in Wembley Park. Would you be able to help?
  • I am currently in the process of refinancing my garden flat in Wembley Park and the bank that I am looking to move to needs a minimum 85 years remaining on the lease in order for them to progress matters. We currently have around seventy six years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
  • I am currently negotiating a lease extension for my flat in Wembley Park 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?
  • I have a lease of 67 years remaining on my flat in Wembley Park. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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