Winkleigh Lease Extensions

Frequently asked questions relating to Winkleigh Lease Extensions

I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leaseholders want to extend their leases and I'm curious about the the process

I am a FTB of a leasehold flat in Winkleigh. The lease has only seventy seven years balance left and ground rent is £50. Is it possible for the seller to serve the Notice of Claim and then assign over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.

My mortgage provider requires a £450 fee for their to approve the lease extension deed for my flat in Winkleigh... I can find no reference of this in my mortgage guide... is this a standard charge?

I am a landlord of a block of flats in Winkleigh, and the tenants are in the process of being issued lease extensions. I should hopefully get funds within a month or so. As I am not on self assessment do I get in touch with HMRC ?

We would like to know the cost of a lease extension valuation for a property based in Winkleigh. Is this something you can assist us with?

I am the registered freeholder to two flats. Someone has the lease on the ground flat in Winkleigh. I occupy in the upper flat. I was reviewing the land registry documents today when I noticed that my flat is leasehold. There is seventy three years outstanding. Is it possible to carry out a lease extension without instructing a ?

I am currently negotiating a lease extension for my flat in Winkleigh 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?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Winkleigh

Do you handle lease extensions on land? (a plot of land in Winkleigh with 82yrs remaining)

We have a 2 bed flat in Winkleigh with a lease of 71 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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