Top Ten Questions relating to Willenhall Lease Extensions

  • I own a flat in Willenhall with a leasehold unexpired about seventy one years and need a lease extension. Please can you clarify the next stages
  • Hello, I am looking somewhere around or in Willenhall 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 54 years balance left.
  • Do you only undertake lease extensions in Willenhall? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a solicitors.
  • My co-lessees and I are in a block containing five flats in Willenhall and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Willenhall and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Bank of Ireland to release of equity. My adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease started in 1991 and since then the ground rent has been raised from £15.00 per year to £100 per year.
  • Re a property in Willenhall. upper maisonette. seventy yrs remaining. I have an agreed lease extension to £12,000 for 115yrs. Freeholder also insisted on Section 42 Notice which I think is a tad over the top. Can you assist.
  • We wish to extend our lease. We will have been in the apartment for two years as of 6th Jan 2016. It has nearon 55 years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as possible.
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • We are hoping to buy a home (a ground floor flat located inWillenhall with share of freehold). During our search, we were always looking at flats that had at least 84 years unexpired. We identified a apartment we liked and the selling agent assured that the lease term was not an issue. Today our property lawyers advised us the lease only has sixety five years and therefore needs a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
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    Lease Extensions in Willenhall

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