Recently asked questions relating to Wincanton Lease Extensions

  • I am looking at investing in a second home but it has a lease that expires in 14 years. Its in Wincanton - I wanted to see if with your services it is possible for this to be extended?
  • I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has 68 years balance left
  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 798 years remaining 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
  • I have been in touch with my freeholder to extend my lease for my flat in Wincanton. Her property lawyers has been in contact concerning fees etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started Septembmer 1993.
  • I'm deliberating over buying a one bed flat (leasehold) but the freeholder has been absent for about 15yrs. My query is would it be less expensive to try to purchase the freehold or to extend lease and apply for RTM?
  • I am thinking about bidding for an auction property and came upon a studio flat in Wincanton. It only has a fifty-one year lease..the seller as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and reduced chance of getting a mortgage with The Mortgage Works?
  • I am looking to buy a one bed flat in Wincanton for asking price of 145k, which has 74 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My father has a share of freehold, with two other leaseholders in a building in Wincanton. House split into three apartments. He has a lease, which has just over seventy nine years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • Me and my OH have been in discussion with our freeholder after having a valuation on our garden flat in Wincanton. We have a 63 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she 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 solicitors to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I'm looking for some advice concerning a lease extension on my flat. The plan is to do this in nine months time as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. You are able to recommend a good property lawyers with expertise in lease extensions. Preferably nearby in Wincanton?
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    Lease Extensions in Wincanton

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