Wennington Lease Extensions

Frequently asked questions relating to Wennington Lease Extensions

I am looking to extend the lease on my garden flat in Wennington which will have seventy one years left in January. What fees apply?

I have a lease of 64 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I own a one bedroom apartment located in Wennington with a leasehold unexpired of 71 years. I am wondering about what I will need to spend to extend my lease

I have been in touch with my freeholder to extend my lease for my flat in Wennington. His has been in contact concerning charges etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started August 1994.

My co-lessees and I are in a block comprising three flats in Wennington and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I own a purpose-built flat located in a large development in Wennington. The leasehold interest in the flat on a 99 year lease started on 1 August 1969 with a set yearly rent of 45. I wish to obtain a lease extension. Can I talk with someone to discuss my options please?

I am the freeholder of a Edwardian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 72 years. What are my next steps?

I'm living with my mother and father but have a studio flat in Wennington let out which has a 55 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 Wennington 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 19k. Should I keep or sell the flat?

We know that others in the same block had already had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation fees. Would you recommend this course of action?

I have a lease of 70 years remaining on my flat in Wennington. 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?

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