Questions and Answers: Whiteley Lease Extensions

  • We have just completed on a maisonette inWhiteley and I'm deliberating a lease extension as soon as I can e.g. in a couple of years
  • I'm about to make an offer on a house in Whiteley 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 The Mortgage Works giving us the mortgage now?
  • Hi. I need a to review my lease extension ahead of it being completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small variations.
  • We are in a block containing five flats in Whiteley and have been offered to buy the freehold for 7k 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 am a first time buyer of a leasehold flat in Whiteley. The lease has only fivety eight years unexpired and ground rent is £75. Is it possible for the vendor to serve the Initial Notice and then assign this right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year requisite 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 current owner? Unfortunately the landlord can not be found, so I am not sure how this will play out.
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety seven years. I need a at my end. Can you advise please? I live near Whiteley and have a mortgage with Coventry Building Society.
  • Coming up to two years that I have been in my one bedroom apartment in Whiteley. I have 58 years left on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 342K, 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: Is there a benefit in getting a Whiteley based or any will do fine?
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Whiteley for a two bed flat - sec 42 is already in place?
  • I own the freehold reversion of a property in Whiteley where the leaseholder would like a lease extension. Her so called valuation expert has given a figure of £9,000, but has upped this to £10,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
  • I have a lease of 56 years remaining on my flat in Whiteley. 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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