Common questions relating to Woburn Sands Lease Extensions

  • I’m about to offer on a maisonette to buy in the Woburn Sands area and was enquiring what the likely fees would be for a lease extension? It has sixety one years remaining...
  • I have shares in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want a lease extension and I'm enquiring about the the process
  • I bought a studio flat located in Woburn Sands with a leasehold unexpired of 58 years. I am wondering about how much it will cost me to extend my lease term
  • My co-lessees and I are in a building comprising three flats in Woburn Sands and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Is it possible to talk with you about a leasehold property in Woburn Sands, I am thinking of bidding at auction next month. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.
  • Last year I purchased a leasehold flat in Woburn Sands. I have built a large extension and have not informed the freeholder. What should I do?
  • I'm looking for a flat to buy in Woburn Sands and I'm not really familiar with the leasehold title. I've found a place I like with a 90 years lease. I've read that I can go for a lease extension after a couple of years, but:- Is this a given?
  • My brother and I would like to know the cost of a lease extension valuation for a property based in Woburn Sands. Would you be able to help?
  • If somebody 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?
  • I am currently negotiating a lease extension for my flat in Woburn Sands 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?
  • Other Topics

    Lease Extensions in Woburn Sands

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