Wokingham Lease Extension - Your Legal Fees Calculator
Sample questions relating to Wokingham Lease Extensions
I just completed on a property in Wokingham and it has just under seventy one years outstanding. I'd like to extend the lease period
I bought a three bed flat in Wokingham. The start date for the lease was in 1998 for 99 years. Now I am wanting for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
I'm thinking of purchasing a one bedroom apartment (leasehold) but the freeholder has been missing for nearly 15yrs. My question is would it be less expensive to try to purchase the freehold or to extend lease and apply for right to manage?
My co-lessees and I are in a block containing five flats in Wokingham and have been offered to buy the freehold for £3,500 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?
We own a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Wokingham and are therefore deliberating the option of a vesting order. Is this something you can help us with?
I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 75 years. I need a lawyers at my end. Can you advise please? I live near Wokingham and have a mortgage with Norwich and Peterborough Building Society.
I'm living at mother and father but have a maisonette in Wokingham let out which has a 54 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Wokingham for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
I own the freehold to two flats. Someone has the lease on the ground flat in Wokingham. I occupy in the upper flat. I was looking at the title deeds recently when I noticed that my flat is leasehold. There is 61 years left on the lease. Is it possible to do a lease extension without retaining a conveyancers?
I am currently negotiating a lease extension for my flat in Wokingham 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?
I have a lease of sixety one years remaining on my flat in Wokingham. 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?