Questions and Answers: Winnersh Lease Extensions

  • My name´s Jamie. I’m property hunting in Winnersh I'm thinking about offering on a garden flat online, with approximately seventy five years unexpired lease, how much will it likely cost to extend in this area by, say, thirty years?
  • I need to negotiate a lease extension for a flat in Winnersh and want to use a local conveyancers. Is there a conveyancers that you can recommend?
  • I'm wanting to make an offer on a house in Winnersh but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Chelsea Building Society giving us the mortgage now?
  • Hello. I need someone to review my lease extension before it's signed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor variations.
  • The intention is to sell our three bedroom ground floor purpose built maisonette in Winnersh but we may need to extend the lease, or possibly cover the expense of our buyers. Are you able to suggest someone to undertake the legal formalities?
  • I am looking into the costs of carrying out a lease extension for my maisonette in Winnersh, and would like some figures on that.
  • I have my suspicions that my niece is being hoodwinked. She submitted an offer on a maisonette in Winnersh, where the lease is around sixety six years but she was told by the estate agents that the vendor had extended it to 125 years. Only now has she been advised the homeowner was holding off for her to retain lawyers ahead of instigating the lease extension. Seems underhand, also it may take a while to sort it all out. What do you think?
  • Me and my partner are proceeding with a purchase of a one bedroom apartment in Winnersh. I was advised by the EA that the lease extension had already been completed while on a viewing (fivety seven years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The homeowner apparently has a quote but no finances to extend and consequently the vendor wants to exchange and use the deposit monies to extend the lease. My question is as the lease hasn't been extended is there not a danger that Halifax won't lend on a lease?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • Do you handle lease extensions on land? (a plot of land in Winnersh with 82yrs remaining)
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    Lease Extensions in Winnersh

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