Top Ten Questions relating to Wolsingham Lease Extensions

  • I have got a leasehold flat in the Wolsingham area and was wondering if I could obtain a lease extension. What are your processes and fees. Has 74 years residual lease term
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • We purchased a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Wolsingham and are therefore thinking about the option of a vesting order. Is this something you can handle for us?
  • I need to talk to you about a flat in Wolsingham, I am thinking of buying at auction next week. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I'm looking for an apartment to purchase in Wolsingham and I'm not really familiar with the leasehold title. I've found a garden flat I like with a 91 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I am a first time buyer of a leasehold flat in Wolsingham. The lease has just seventy four years remaining and ground rent is £25. Is it possible for the flat owner to serve the Initial Notice and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the flat owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
  • I am considering bidding for an auction property and identified a one bed flat in Wolsingham. It has just fifty year lease..the vendor as mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and reduced chance of getting a mortgage with Santander?
  • We are considering purchasing a studio flat in Wolsingham which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Wolsingham. I reside in the top flat. I was reviewing the title deeds yesterday when I noticed that my flat has a lease on it. There is 74 years remaining. Can one do a lease extension without retaining a conveyancers?
  • I have 55 years remaining on my lease of a ground floor flat in Wolsingham, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Wolsingham

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