Recently asked questions relating to Wolston Lease Extensions

  • Me and my OH have just acquired a maisonette inWolston and I'm thinking about extending the lease as soon as practicable e.g. after two years
  • I own a leasehold flat in the Wolston area and was enquiring if I could get a lease extension. What are your processes and fees. Has fivety nine years unexpired
  • I am the owner of a maisonnette together with the freehold title. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Wolston, and my lease will reach 76 years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I plan on buying a flat based in Wolston. My offer is subject to the lease extension. The flat owner’s conveyancing practitioners has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Accord Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
  • We hope to sell our ground floor flat in Wolston but we may require a lease extension, or at least cover the costs of our buyers. Are you able to help me find someone to handle this?
  • I'm looking for a flat to purchase in Wolston and I'm not really familiar with the leasehold arrangement. I've identified a garden flat I like with a 82 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
  • My son has a share of freehold, with two other leaseholders in a building in Wolston. House converted into three apartments. He has a lease, which has around 56 yrs outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I am currently negotiating a lease extension for my flat in Wolston 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 was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Wolston
  • Other Topics

    Lease Extensions in Wolston

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