Top Ten Questions relating to Wolvey Lease Extensions

  • So this is the scenario: I purchased a ground floor flat in Wolvey that I now cannot sell due to the lease requiring a lease extension. How long will it take ?
  • I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Wolvey - I wanted to see if with your services this could be extended?
  • I need to extend my existing lease can you assist? I think it has 63 years remaining
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has seventy six years outstanding.
  • I'm looking for a flat to buy in Wolvey and I'm not really familiar with the leasehold title. I've identified a one bedroom apartment I like with a 91 years lease. My research reveals that I can apply for a lease extension having owned the property for a couple of years, but:- Is this a given?
  • I am a freeholder of a block of flats in Wolvey, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving funds within a month or so. Are there any tax implications, the property is in joint names with my husband ?
  • I an interested in finding out more about leasehold property buying. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Wolvey area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • We currently own a garden flat in Wolvey and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 67 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I have a lease of 73 years remaining on my flat in Wolvey. 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?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Wolvey. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Wolvey

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