Recently asked questions relating to Williton Lease Extensions

  • My wife has a flat located in Williton which we have just put on the market. The leasehold has around 79 years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I own a leasehold flat in the Williton area and was wondering if I could get a lease extension. What are your processes and fees. There are seventy one years residual lease term
  • I am a first time buyer of a leasehold flat in Williton. The lease has just 75 years balance left and ground rent is £75. Is it possible for the flat owner to serve the Section 42 Notice and then transfer this right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the owner? To add to the complexity the landlord is absent, so I am not sure how this will play out.
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a ground floor flat in Williton, where the lease is roughly 62 years but she was informed by the selling agents that the vendor had extended it to 99 years. She has now been informed the seller was waiting for her to retain conveyancers before commencing with the lease extension. Sounds underhand, also it will take months to sort it all out. Am I being too sceptical?
  • I am looking at acquiring an auction property and came upon a one bed flat in Williton. It has just 48 year lease..the current owner being mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Bank of Ireland?
  • Ref a leasehold in Williton. lower maisonette. sixety one yrs left. I have negotiated a lease extension price of £14k for 125yrs. Landlord also insisted on Notice of Claim which I think is a bit over the top. Advice required.
  • My flat in Williton is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want a lease extension. How much does it cost on average to extend in this area by, say,thirty years
  • I'm looking at acquiring a flat in Williton at a price of £256,000 the flat has something like fivety nine years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in November, hoping I'd be in before Christmas. The owner has just come back saying they'll reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • My brother and I are hoping to purchase a flat (a two bedroom first floor purpose built maisonette inWilliton with share of freehold). During our search, we were always looking at properties that had a minimum ninety years residual lease term. We identified a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. Today our lawyers advised us the lease only has 67 years and thus needs a lease extension. Do we walk away, or do we negotiate our offer?
  • I have seventy four years remaining on my lease of a ground floor flat in Williton, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Williton

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