Questions and Answers: Werrington Lease Extensions

  • My name´s Muhammad. I’m house hunting in Werrington I'm seeing a garden flat online, with just under seventy nine years left, how much will it likely cost to extend in this location by, say, ninety years?
  • I bought a property in Werrington and it has approximately 59 years left. I'd like to arrange a lease extension by twenty years
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 61 years remaining.
  • The terms for the lease on my flat in Werrington are 99 years from 1 Jan 1988. Please supply me me a quote for a lease extension if I give you more information please?
  • I am looking into the costs of carrying out a lease extension for my 2 bed flat in Werrington, and would like some figures on that.
  • My nephew has a share of freehold, with two other leaseholders in a building in Werrington. House split into three apartments. He has a lease, which has just over fivety seven years remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to acquire in Werrington. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the rear garden.
  • I'm looking at purchasing an apartment in Werrington at a price of £195,000 the flat has just under fivety five years unexpired on the lease. My offer was conditional upon the lease being extended... .. that was back in November, hoping I'd be in by Christmas. The seller has just come back saying they'll knock £3k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • Are you able to provide an estimate to extend my mum’s lease on a one bedroom second floor purpose built flat in Werrington. She recently got a price from the landlord for a lease extension but I am far from certain if it is too expensive.
  • I am currently negotiating a lease extension for my flat in Werrington 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?
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    Lease Extensions in Werrington

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