Frequently asked questions relating to Winkleigh Lease Extensions

  • Me and my wife have just bought a maisonette based inWinkleigh and I'm deliberating a lease extension as soon as I can e.g. after two years
  • I’m just looking for a one bedroom apartment to buy in the Winkleigh area and was enquiring how much would it cost to extend a lease? It has 79 years remaining...
  • I acquired a three bedroom second floor purpose built flat in Winkleigh. The lease started in 1998 for 99 years. Now I am looking for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am a first time buyer of a leasehold flat in Winkleigh. The lease has just 71 years residual lease term and ground rent is £50. Is it possible for the flat owner to serve the Notice of Claim and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the two 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 consuming to the seller? To add to the complexity the freeholder can not be found, so I am not sure how this will play out.
  • I am concerned that my niece is being hoodwinked. She put in an offer on a garden flat in Winkleigh, where the lease is about 60 years but she was told by the estate agents that the flat owner had extended it to 125 years. She has now been informed the seller was holding off for her to retain conveyancers ahead of instigating the lease extension. Sounds odd to me, also it will take months to sort it all out. Am I reading too much into it?
  • We have a one bedroom flat in Winkleigh. There is eighty years to run on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,thirty years
  • I am the owner of a purpose-built apartment based in a small block in Winkleigh. The leasehold interest in the flat on a ninety five year lease started from 30th August 1969 with a non-reviewable ground rent of £15 per annum. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety nine years. I need a at my end. Can you advise please? I live near Winkleigh and have a mortgage with The Mortgage Works.
  • I'm living at mother and father but have a one bedroom apartment in Winkleigh let out which has a sixety eight 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 Winkleigh 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 21k. Should I keep or sell the flat?
  • Just been over two years that I have been in my studio flat in Winkleigh. I have 68 yrs left on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased 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: In terms of surveyors - how do I go about finding one?

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