Lease Extensions in Wigton

Frequently asked questions relating to Wigton Lease Extensions

I bought a flat in Wigton with a leasehold unexpired just under 73 years and need to extend it. Please can you advise me of the next stages

We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 798 years outstanding so a lease extension is not a concern. 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 guidance would be much appreciated.

I have a lease of sixety years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am looking for a in Wigton and they should be on the Barclays Direct approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend a ?

I'm thinking of purchasing a ground floor flat (leasehold) but the landlord has been absent for nearon 15yrs. My question is would it be less expensive to try to purchase the reversionary title or to get a lease extension and apply for right to manage?

I am concerned that my daughter is being hoodwinked. She put in an offer on a one bedroom second floor purpose built flat in Wigton, where the lease is nearon seventy six years but she was told by the selling agents that the owner had extended it to 99 years. Only now has she been told the flat owner was waiting for her to instruct lawyers ahead of instigating the lease extension. Sounds underhand, also it could take time to sort it all out. What do you think?

Me and my partner have been in discussion with our freeholder after having a valuation on our maisonette in Wigton. We have a seventy eight year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.

We are in the throws of buying a flat (a ground floor flat inWigton with share of freehold). Throughout our search, we were always looking at flats that had at least 84 years left on the lease. We identified a flat we fell in love with and the estate agent assured that the lease term was not an issue. Yesterday our advised us the lease only has fivety six years and thus needs a lease extension. Should we run away, or do we negotiate our offer?

We currently own a maisonette in Wigton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety four years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?

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

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