Questions and Answers: Wigan Lease Extensions

  • We are looking for lease extension for our flat in Wigan and we are confused by the letter that we got from our freehold company. What's your legal fee?
  • I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in Wigan - I wanted to see if with your services this could be extended?
  • I'm wanting to make an offer on a house in Wigan but I'm a little worried 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 HSBC Bank giving us the mortgage now?
  • I want to acquire a leasehold property and lease extension. The vendor has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Wigan, and my lease will reach seventy three years this January. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I am looking into the costs of carrying out a lease extension for my one bed flat in Wigan, and would like some figures on that.
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Wigan and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Alliance & Leicester to release of equity. My adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1981 and since then the ground rent has increased from £15.00 per year to £100 per year.
  • I'm looking for an apartment to purchase in Wigan and I'm not really familiar with the leasehold tenure. I've identified a maisonette I like with a 90 years lease. I've read that I can go for a lease extension after a couple of years, but:- Is this a given?
  • We have a first floor flat in Wigan with seventy five years unexpired. Last year we were quoted a deal to receive a lease extension for a further thirty years but also uplift the ground rent from nominal to £300 per year..plus a premium I think of approximately 16k. Finally we have decided to go ahead but do we now have to renegotiate?
  • I'm hoping for some help with regard to extending the lease on my maisonette. I'll be looking to do this in nine months time as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wigan