Frequently asked questions relating to Wolverton Lease Extensions

  • I am looking to extend the lease on my garden flat in Wolverton which will have 60 years remaining in August. What fees do you charge for this?
  • Hello. I need someone to have a look at my lease extension before it's formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.
  • We are in a block containing five flats in Wolverton and have been offered to buy the freehold for £5000 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?
  • I am a freeholder of a block of flats in Wolverton, and the lessees are in the process of being granted lease extensions. I anticipate receiving funds next month. As I am not on self assessment do I get in touch with the Inland Revenue ?
  • My wife and I have a one bedroom flat located in Wolverton. There is 80 years unexpired on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,twenty years
  • I am in need of a lease extension for my flat in Wolverton and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I'm living with my parents but have a garden flat in Wolverton let out which has a sixety six 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 Wolverton 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. Not sure sure whether to hold on or sell the flat?
  • My OH and I are acquiring a garden flat in Wolverton which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our to do a "priority search" on the property title. The concern 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 lease title number has not been issued. Is it right that we must wait pending registration of the new lease?
  • I'm hoping for some assistance concerning a lease extension on my apartment. I'll be looking to do this in six months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently in the process of remortgaging my three bedroom first floor purpose built maisonette in Wolverton and the bank that I am looking to switch to needs at least 85 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 61 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wolverton