Lease Extensions in Wingate

Examples of recent questions relating to Lease Extensions in Wingate

I am looking at investing in a holiday home but it has a lease that expires in fifteen years. Its in Wingate - I wanted to see if with your services this could be extended?

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 Wingate and are therefore deliberating the option of a vesting order. Is this something you can handle for us?

I am looking to either purchase the freehold or a lease extension of my property in Wingate and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Nottingham Building Society to free up equity. The adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per annum to £300 per year.

I'm looking for an apartment to buy in Wingate and I'm not really familiar with the leasehold concept. I've found a one bedroom apartment I like with a 90 years lease. My research reveals that I can apply for a lease extension after a couple of years, but:- Is this a given?

I am about to view a one bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 61 years unexpired on the lease. It is also a repo so I'm guessing that the bank will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?

Regarding a property in Wingate. upper maisonette. sixety seven yrs unexpired. I have negotiated a lease extension price of £12,000 for 135yrs. Landlord also insisted on Notice of Claim which I think should not be required. Advice required.

Hi I own the freehold interest in a 3 bedroom flat in Wingate. The leaseholder has a 67 year lease and would like to purchase another 90 years. She is offering me £18,000 but I am not sure if this is in the right ballpark

Me and my partner are purchasing a maisonette in Wingate which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The vendor 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 house buying process is for our to do a pre-completion search on the property title. 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 right that we must hold on until the new lease is registered?

Just a quick question, how much does it cost for a lease extension on a residential property in Wingate for a two bed flat - sec 42 having been issued?

I am currently negotiating a lease extension for my flat in Wingate as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wingate