Woking Lease Extensions

Examples of recent questions relating to Lease Extensions in Woking

I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the the process

My wife has a flat based in Woking which we have just put on the market. The leasehold has around sixety seven years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.

I just completed on a property in Woking and it has around fivety seven years residual lease term. I'd like to extend the lease period

The terms for the lease on my flat in Woking are 99 years from 15 Dec 1989. Please supply me me a quote to extend the lease if I give you more details please?

I am considering whether to purchase the freehold or a lease extension of my property in Woking and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Nationwide Building Society to free up equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease commenced in 1979 and since then the ground rent has been raised from £38.00 per annum to £100 per annum.

I am looking to buy a one bed flat in Woking for asking price of 156k, which has seventy two years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I am planning to extend the lease on my one bed flat in Woking 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.

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 extending the lease?

My husband and I are buying a studio flat in Woking which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we have to wait until the new lease is registered?

I have a lease of sixety three years remaining on my flat in Woking. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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