Top Ten Questions relating to Wick Lease Extensions
35k agreed with the freeholder, just attempting to find a Wick lawyers for a lease extension. Our lease has slightly more 73 yrsremaining. Can you please help us with this situation ?
I inherited a one bedroom second floor purpose built maisonette in Wick that I now cannot sell as a result of the lease needing a lease extension. How long will it take ?
Hello, I just randomly found your website. I'm seeking prices on what a lease extension will cost for a three bed flat based in Wick. It's on the market at the moment but has roughly 74 years left on the lease
We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 928 years remaining so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any information would be much appreciated.
I would like to have my residential flat leasehold extension premium valued. The flat is in Wick, and my lease will reach sixety five years this July. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
I am a first time buyer of a leasehold flat in Wick. The lease has only 57 years unexpired and ground rent is £95. Is it possible for the owner to serve the Initial Notice and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the two 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 achievable but will it be very time costly to the seller? Unfortunately the landlord can not be found, so I am not sure how does it work.
We have a ground floor flat in Wick with seventy one years remaining. Ten months ago we were quoted a deal to receive a lease extension for another 25 years but also increase ground rent from nominal to £200 per annum..plus a premium I think of about 9k. We have now decided to proceed but do we now have to renegotiate?
I have a flat in Wick with fivety six years remaining on the lease. I need a conveyancers to help me obtain a lease extension. Can you assist?
I am currently negotiating a lease extension for my flat in Wick 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 sixety nine years remaining on my flat in Wick. 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?