Questions and Answers: Winslow Lease Extensions

  • I’m just looking for a garden flat to buy in the Winslow area and was enquiring how much would it cost to extend a lease? It has sixety seven years left...
  • I own a leasehold flat in the Winslow area and was curious if I could obtain a lease extension. What are your processes and charges. There are 59 years balance left
  • I acquired a garden flat located in Winslow with a leasehold unexpired of 64 years. I am curious about how much I will need to spend to extend my leasehold
  • I purchased a 2 bed flat in Winslow. The lease commenced in 1992 for 99 years. Now I am looking to extend the lease. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • My mortgage lender is requesting several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Winslow... I can find no mention of this in my mortgage booklet... is this a normal cost that they charge?
  • I am a landlord of a block of flats in Winslow, and the tenants are in the process of being granted lease extensions. I anticipate receiving funds next week. Are there any tax implications, the property is co-owned with my husband ?
  • I an interested in finding out more about purchasing a leasehold residence. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Winslow area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I am hoping to extend the lease on my garden flat in Winslow I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I have seventy three years remaining on my lease of a ground floor flat in Winslow, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I am currently negotiating a lease extension for my flat in Winslow 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 Winslow