Recently asked questions relating to Windmill Hill Lease Extensions

  • 35k agreed with the landlord, just seeking to find a Windmill Hill for a lease extension. Our lease has about fivety nine yearsremaining. What's your solicitors fee ?
  • I have just acquired a 2 bed flat based inWindmill Hill and I'm thinking about a lease extension as soon as possible e.g. after 24 months of ownership
  • I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Windmill Hill - I wanted to see if with your services this could be extended?
  • My mortgage provider requires a £600 fee for their to agree a lease extension for my flat in Windmill Hill... I am unable to find any reference of this in my mortgage booklet... is this a standard cost that they charge?
  • We had entered into a purchase of a garden flat in Windmill Hill. I was advised by the EA that the lease extension had already been completed while on a viewing (sixety seven years left prior to extension). The description on the listing stated "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The homeowner apparently has a quote but no funds to extend and consequently the seller intends to exchange and use the deposit monies to extend the lease. My question is how is possible that the estate agent got it so wrong?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I commence the process, is this correct?
  • My husband has a share of freehold, with two other leaseholders in a building in Windmill Hill. House divided into three apartments. He has a lease, which has around sixety yrs left. How much would it cost for a lease extension and how many years would he need to extend by?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 79 years. I need a at my end. Can you advise please? I live near Windmill Hill and have a mortgage with Lloyds TSB Bank.
  • Coming up to two years that I have been in my maisonette in Windmill Hill. I have sixety three yrs left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my maisonette in Windmill Hill

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