Sample questions relating to Winchester Lease Extensions

  • We agreed with the landlord to a lease extension on our flat in Winchester, 20k for another 90yrs. Are you able to help us with this situation ?
  • I purchased a flat in Winchester with a leasehold unexpired around 61 years and need to extend it. Please can you advise me of the next steps
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 928 years outstanding 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any advice would be much appreciated.
  • Hi. I need a to have a look at my lease extension before it's signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • I am considering whether to purchase the freehold or a lease extension of my property in Winchester and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a refinance with Chelsea Building Society to free up equity. The adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease began in 1991 and since then the ground rent has increased from £38.00 per annum to £125 per annum.
  • I'm living at parents but have a 2 bed flat in Winchester let out which has a sixety three 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 Winchester 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 19k. Not sure sure whether to hold on or sell the flat?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • My partner and I are in the throws of buying a property (a three bedroom ground floor purpose built maisonette located inWinchester with share of freehold). Throughout our search, we were always looking at flats that had at least ninety years left on the lease. We came across a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. This morning our advised us the lease only has seventy eight years and thus needs a lease extension. Should we walk away, or should we negotiate our offer?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Winchester
  • I have a lease of 59 years remaining on my flat in Winchester. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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