Recently asked questions relating to Wolston Lease Extensions

  • So this is the scenario: I am the registered owner of a maisonette in Wolston that I am now unable to sell due to the lease requiring a lease extension. How long will it take ?
  • My wife has an apartment based in Wolston which we have just put on the market. The leasehold has circa 78 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 commence arranging a lease extension? Thank you.
  • I am the registered owner of a property in Wolston and it has slightly more than seventy years left. I'd like to arrange a lease extension by twenty years
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety seven years remaining.
  • I am looking to either purchase the freehold or a lease extension of my property in Wolston and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with HSBC Bank to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease began in 1991 and since then the ground rent has increased from £25.00 per annum to £125 per annum.
  • I own a share of the freehold. There are four apartments in the block. All the leaseholders are now requiring lease extensions. What's your solicitors fee?
  • If somebody owns a flat with a lease of under 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 OH and I have been in discussion with our freeholder after having a valuation on our 2 bed flat in Wolston. We have a 62 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • Me and my OH are purchasing a one bedroom apartment in Wolston which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced dealing with a lease extension. The owner has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our conveyancers to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our conveyancers 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 hold on pending registration of the new lease?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Wolston
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    Lease Extensions in Wolston

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