FAQs concerning Wheathampstead Lease Extensions

  • My fiance and I are looking for lease extension for our two bed flat located in Wheathampstead and we don't fully understand the communication that we received from our landlord company. Are you willing to assist us with this situation?
  • I purchased a three bed apartment in Wheathampstead that I am now unable to sell as a result of the lease requiring a lease extension. What's your legal fee ?
  • I'm intending to make an offer on a house in Wheathampstead but I'm concerned 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 Godiva Mortgages Ltd giving us the mortgage now?
  • I am a first time buyer of a leasehold flat in Wheathampstead. The lease has only sixety three years residual lease term and ground rent is £50. Is it possible for the current owner to serve the Section 42 Notice and then assign over the right to me as the buyer on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the flat owner? Unfortunately it’s the case of an absent freeholder, so I am not sure how this will play out.
  • I am the freeholder of a Victorian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety six years. What are my next steps?
  • Just been over two years that I have been in my ground floor flat in Wheathampstead. I have sixety nine yrs unexpired lease on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • It says on your website the likely fee to extend a lease is £495. Is that the total cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my maisonette in Wheathampstead
  • I'm intent on buying a flat in Wheathampstead valued at £195,000 the flat has approaching 67 years left on the lease. I put in an offer conditional upon a lease extension... .. that was back in November, expecting I'd have moved in by Christmas. The owner has just come back saying that they are prepared to reduce the price by£8k if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • We know that others in the same block previously had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on previous prices . This would save on double valuation fees. Would you suggest this course of action?
  • I require an estimate to extend my mum’s lease on a three bed flat in Wheathampstead. She recently got a figure from the landlord for a lease extension but I am far from certain if it is too expensive.

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