Widdrington Lease Extensions

Recently asked questions relating to Widdrington Lease Extensions

My name´s Adam. I’m property hunting in Widdrington I'm considering offering on a three bed flat online, with around 78 years outstanding, how much will it likely cost to extend in this area by, say, 35 years?

Hi, I am looking somewhere around or in Widdrington 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?

I am about to view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 58 years residual lease term on the lease. It is also a repossession so I'm assuming that the lender will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

I own the freehold of a three bedroom flat in Widdrington. The leaseholders have sixety seven years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?

I own the freehold reversion of a property in Widdrington and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this to £10,000 without too much effort. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?

My wife and I are concerned about obtaining a lease extension from tricky landlord. Regardless of the fact that the correct procedures were adhered to under the appropriate legislation, the freeholder still tried to charge ground rent of £300 doubling every twenty five years of the new lease. Can you assist?

I require an estimate to extend my mum’s lease on a garden flat in Widdrington. She already has a figure from the landlord for a lease extension but I am unclear whether it is too expensive.

I have 65 years remaining on my lease of a ground floor flat in Widdrington, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

I was hoping you might be able to tell me the process of how to apply for a lease extension for my 2 bed flat in Widdrington

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