Common questions relating to Wimborne Minster Lease Extensions

  • So this is the scenario: I bought a one bedroom apartment in Wimborne Minster that I am finding difficult to sell as a result of the lease requiring a lease extension. Can you please help me with this situation ?
  • I invested in buying a one bed flat in Wimborne Minster. The lease commenced in 1991 for 99 years. Now I am wanting for a lease extension. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • My neighbours and I are in a building comprising three flats in Wimborne Minster 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?
  • We invested in buying a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Wimborne Minster and looking to do a vesting order. Is this something you can help us with?
  • I am a freeholder of a block of flats in Wimborne Minster, and the lessees are in the process of being granted lease extensions. I should hopefully get funds within a month or so. Are there any tax implications, the property is co-owned with my wife ?
  • We have a residential flat in Wimborne Minster with 55 years left. Ten months ago we were quoted a deal to grant a lease extension for a further fifty years but also increase ground rent from notional to £250 per year..plus a premium I think of about 10k. Finally we have decided to go ahead but do we now have to renegotiate?
  • I am the freeholder of a Georgian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety eight years. What are my next steps?
  • Me and my fiance are buying a ground floor flat in Wimborne Minster which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to wait until the lease extension has actually been registered before completing.?
  • My partner and I are in the throws of buying a flat (a three bed flat located inWimborne Minster with share of freehold). During our search, we were always looking at flats that had at least 83 years balance left. We identified a place we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our told us the lease only has 65 years and thus needs a lease extension. Do we run away, or do we negotiate our offer?
  • I own the freehold reversion of a property in Wimborne Minster where the leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has upped this to £10,000 without too much effort. My surveyor has suggested a much higher premium. She does not appear to wish to negotiate wanting 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 fee would I be likely to incur?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wimborne Minster