Frequently asked questions relating to Woburn Lease Extensions

  • I have just acquired a garden flat based inWoburn and I'm deliberating a lease extension as soon as practicable e.g. after 24 months of ownership
  • I bought a garden flat in Woburn. The start date for the lease was in 1992 for 99 years. Now I am wanting for a lease extension. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • Think I may have made a mistake, I am searching for a in Woburn who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Woburn and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with TSB to release of equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1991 and since then the ground rent has increased from £38.00 per annum to £200 per year.
  • What will I need to spend and what is the best way to get a lease extension started? I have around 70 years remaining on my lease on a one bedroom apartment in Woburn. I have emailed the agent who act on behalf of the head landlord and they provided me with the number for the surveyor. I have contacted the valuer but I am not getting any calls back.
  • I own a purpose-built apartment located in a large development in Woburn. The leasehold interest in the flat on a ninety five year lease which commenced from 21st January 1970 with a set ground rent of £25 per annum. I would like to obtain a lease extension. Can I call someone to go through my options please?
  • 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 extending the lease?
  • My and my husband are worried about getting a lease extension from tricky landlord. Even though the legal procedures were followed under the appropriate legislation, the freeholder still attempted to charge ground rent of £300 increasing by 100% every 25 years of the new lease. Can you assist?
  • We have a ground floor flat in Woburn with a lease of 71 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
  • I'm looking for some advice with regard to a lease extension on my 2 bed flat in Woburn. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good who specialises in lease extensions?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Woburn