Recently asked questions relating to Wilford Lease Extensions

  • I acquired a flat in Wilford with a leasehold unexpired roughly fivety four years and need a lease extension. Please can you advise me of the next steps
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has seventy eight years balance left.
  • We hope to sell our three bed flat in Wilford but we may need a lease extension, or at least cover the costs of our buyers. Can you recommend someone to undertake the legal formalities?
  • The terms for the lease on my apartment in Wilford are 101 years from 10 Jan 1988. Please provide me a quote to extend the lease if I give you more details please?
  • Is it possible to talk with you about an apartment in Wilford, I am considering buying at auction next week. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
  • My mortgage lender is requesting a £600 fee for their for a "deed of substituted security" for the lease extension for my flat in Wilford... I can find no mention of this in my mortgage literature... is this a standard charge?
  • We had entered into a purchase of a two bedroom ground floor purpose built maisonette in Wilford. I was informed that the lease had been extended (fivety four years remaining prior to extension). The sales particulars stated "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The homeowner apparently has a quote but no money to extend as a result the flat owner wishes to exchange and use the deposit monies to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • Me and my wife have owned a leasehold flat for about twenty years. There are fivety eight years remaining on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.
  • My wife and I are concerned about obtaining a lease extension from tricky landlord. Even though the correct procedures were adhered to under the 1993 Act, the freeholder still tried to get ground rent of £300 doubling every twenty five years of the new lease. Can you assist?
  • I have a lease of fivety five years remaining on my flat in Wilford. 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?

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