Examples of recent questions relating to Lease Extensions in Wincanton

  • Hi. I need a property lawyers to have a look at my lease extension ahead of it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.
  • I'm deliberating over purchasing a garden flat (leasehold) but the freeholder has been missing for slightly more than 15yrs. My question is would it be cheaper to try to acquire the freehold or to get a lease extension and apply for right to manage?
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a studio flat in Wincanton, where the lease is around 79 years but she was told by the estate agents that the seller had extended it to 125 years. She has now been told the flat owner was holding off for her to appoint conveyancers ahead of instigating the lease extension. Seems devious, also it will take a while to sort it all out. What do you think?
  • I have a share of the freehold. There are three flats in the house. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
  • I am seeking advice as I am interested in a property that has only a seventy five year lease and therefore requires a lease extension. Can I talk with someone to discuss my options please?
  • I'm living at mum and dad but have a two bedroom ground floor purpose built flat in Wincanton let out which has a 63 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Wincanton for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • Coming up to 2 years that I have owned my one bedroom apartment in Wincanton. I have sixety seven years unexpired lease on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?
  • Are you able to provide an estimate to extend my mum’s lease on a maisonette in Wincanton. She recently got a price from the freeholder for a lease extension but I am not sure it is too high.
  • I have 79 years remaining on my lease of a ground floor flat in Wincanton, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • We have a studio flat in Wincanton with a lease of 63 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Wincanton

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