Winnersh Lease Extensions: Q and A’s

  • Me and my OH are looking for lease extension for our flat in Winnersh and we don't fully comprehend the letter that we got from our freehold company. How long will it take?
  • My name´s Cameron. I’m property hunting in Winnersh I'm thinking about offering on a garden flat online, with around seventy eight years left, how much does it cost on average to extend in this location by, say, fifty years?
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 928 years outstanding so a lease extension is not a worry. 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 correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any suggestions would be much appreciated.
  • The intention is to sell our one bedroom apartment in Winnersh but we may need a lease extension, or possibly cover the costs of our purchaser. Are you able to suggest a property lawyers to assist?
  • I am a FTB of a leasehold flat in Winnersh. The lease has just fivety nine years remaining and ground rent is £50. Is it possible for the flat owner to serve the Section 42 Notice and then assign this right to me as the purchaser on the day of completion so that I don't have to wait 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 costly to the vendor? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
  • My mortgage lender is requesting a £500 fee for their conveyancing practitioners for a "deed of substituted security" for the lease extension for my flat in Winnersh... I am unable to find any reference of this in my mortgage contract... is this a standard fee to pay?
  • I am a freeholder of a block of flats in Winnersh, and the tenants are in the process of being granted lease extensions. I anticipate receiving funds next week. As I am not on self assessment do I contact HMRC ?
  • I am looking at buying an auction property and found a studio flat in Winnersh. It only has a 41 year lease..the current owner as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the costly fee to put a new lease on it and decreased chance of getting a mortgage with Norwich and Peterborough Building Society?
  • I have a flat in Winnersh with 71 years left on the lease. I need a conveyancers to act for me to achieve a lease extension. Can you assist?
  • I require an estimate to extend my mother’s lease on a garden flat in Winnersh. She already has a price from the freeholder for a lease extension but I am unclear whether it is reasonable.
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    Lease Extensions in Winnersh

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