Lease Extensions in Wigton

Sample questions relating to Wigton Lease Extensions

I bought a one bedroom second floor purpose built flat in Wigton. The lease started in 2001 for 99 years. Now I am wanting to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?

We hope to sell our one bedroom apartment in Wigton but we may require a lease extension, or at least cover the expense of our purchaser. Are you able to recommend a property lawyers to assist?

I'm thinking of purchasing a one bed flat (leasehold) but the freeholder has been absent for nearon 15yrs. My question is would it be cheaper to try to buy the reversionary title or to get a lease extension and apply for right to manage?

I am a first time buyer of a leasehold flat in Wigton. The lease has only sixety five years balance left and ground rent is £50. Is it possible for the current owner to serve the Section 42 Notice and then assign this right to me as the buyer on the day of completion so that I can avoid waiting for the two 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 achievable but will it be very time consuming to the homeowner? To add to the complexity the landlord is absent, so I am not sure how this will play out.

I am a landlord of a block of flats in Wigton, and the leaseholders are in the process of being issued lease extensions. I should hopefully get funds next month. How does the tax work, the property is in joint names with my wife ?

Re a residence in Wigton. lower maisonette. seventy one yrs remaining. I have negotiated a lease extension price of £12,000 for 135yrs. Landlord also insisted on Notice of Claim which I think is a bit over the top. Advice required.

Just been over 2 years that I have been in my studio flat in Wigton. I have 58 years outstanding on the lease. I am now wanting to buy a share of freehold or extend my lease. 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 conveyancing practitioners about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?

I own the freehold to two flats. Someone has the lease on the ground flat in Wigton. I occupy in the top flat. I was reviewing the title deeds yesterday when I noticed that my flat is leasehold. There is sixety three years balance left. Is it possible to carry out a lease extension without retaining a property lawyers?

I am the freeholder of a property in Wigton where the leaseholder has requested a lease extension. Her valuer has suggested a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. 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 face?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Wigton

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